Property Overview: 75 Bryn Mawr Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a compelling opportunity centered on its generous lot and established location. Built in 1972, the 1,440 sqft house sits on an 8,508 sqft parcel of land, a standout feature that ranks in the top 4% on its street and top 10% city-wide. This significant lot size offers ample outdoor space and future potential. The home itself features a renovated basement, adding to its functional living space. Metrics show the property holds above-average rankings for its living area and assessed value within its immediate neighbourhood, indicating a solid footprint among peers.
The primary appeal lies in its space and positioning. It’s a property for buyers who value a substantial yard for gardening, recreation, or expansion over a brand-new build. It suits practical homeowners, perhaps young families seeking room to grow or downsizers looking for single-level living without sacrificing outdoor privacy. A thoughtful perspective is that this home represents a "land-value" proposition in a mature neighbourhood; its worth is anchored as much in its sizable, well-placed lot as in the structure itself. It’s ideal for a buyer with a vision for the space, whether that’s creating a private oasis or seeing long-term value in one of the larger plots in the area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The land area of 8,508 sqft is notably larger than the Winnipeg average of approximately 6,570 sqft, placing it in the top 10% city-wide.
2. What is the significance of the "above average" rankings for living area and assessed value on the street?
These rankings indicate that, compared to the 53 specific properties on Bryn Mawr Road used for comparison, this home is larger and has a higher assessed value than most of them. This suggests it is a relatively substantial property within its own immediate context.
3. Is the sold price history shown the exact price?
No. The listed sold prices (e.g., $455k-$485k in 8/2022) are estimated ranges based on public data. You can request the exact sold price history via email from the source site.
4. The home was built in 1972. What should I consider?
While the basement has been renovated, a home of this age will likely have original or aging core components, such as the roof, windows, and major systems (plumbing, electrical, HVAC). A thorough inspection is essential to understand the condition and any upcoming capital costs.
5. There is no garage. How does this impact value and daily living?
The lack of a garage is a trade-off for the large lot. It affects vehicle storage, security, and potentially winter convenience. However, the lot size does provide the space to add a garage or sheltered parking in the future, subject to permits and budget.