75 Leeds Avenue

Property Summary: 75 Leeds Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This two-storey home in Fort Richmond presents a compelling blend of space, updates, and a generous lot. Its key features include a renovated basement, an attached garage, and a rare private pool. With 1,608 sqft of living space, the home is notably larger than many comparable properties on its street, in the neighbourhood, and across Winnipeg. It sits on a substantial 7,197 sqft lot, which is well above the city-wide average, offering ample outdoor space.

The appeal lies in its move-in-ready condition with modernized spaces, coupled with the established, mature setting of a 1973 build. The pool is a standout amenity for the area, providing immediate summer recreation. The home’s assessed value ranks in the top tier for its immediate vicinity, suggesting it is a premium property on its block.

This property would ideally suit buyers looking for a family home with room to grow and entertain, both indoors and out. It’s a strong match for those who value private outdoor amenities and want a home that stands out in size and condition within its established neighbourhood, without the wait for new construction.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessed value is in the top 2% on its street, indicating it is a high-value property for the area, which can be a positive signal to buyers.

2. Is a pool in Winnipeg a practical feature?
While the season is limited, a private pool is a rare luxury in this market. It adds significant value for summer enjoyment and entertainment but does come with ongoing maintenance costs and considerations for safety and insurance.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, ceiling height, moisture control, and whether it includes a legal secondary suite or additional bedrooms.

4. The home was built in 1973. What should I be aware of?
While updated, the core structure is over 50 years old. A thorough inspection is crucial to review the foundation, roof, plumbing, electrical systems, and insulation to understand any potential future investments needed.

5. How does the lot size benefit me?
At over 7,000 sqft, the lot is significantly larger than the Winnipeg average. This not only provides more private yard space and potential for gardening or expansions but also contributes to the property's long-term value and desirability.