Property Overview: 85 Linacre Road, Fort Richmond
Key Characteristics & Appeal
This two-storey home in Fort Richmond is defined by its spacious interior and premium valuation. With 2,499 sqft of living space, it ranks within the top 5% of homes on its street and top 3% in the wider area for size, offering significantly more room than local averages. Its standout feature is its assessed value of $604,000, which places it at the very top of its immediate market (rank 1 of 74 on Linacre Road), indicating a premium property in its context. The home includes a renovated basement and a pool, sitting on a 6,664 sqft lot that is compact for the street but above average city-wide. Built in 1969, its age is typical for the neighbourhood.
The appeal lies in acquiring a well-above-average sized home in a established area, with modern updates like the renovated basement. The pool adds a recreational luxury not common in all listings. It suits buyers who prioritize interior space over vast yard size, and who are looking for a move-in ready home with high-end finishes in a mature neighbourhood. It’s particularly suited for a growing family or someone who values entertainment space, given the finished basement and pool. A thoughtful perspective: while the lot is smaller than others on the street, this can mean less maintenance, and the elite assessment suggests the property has been upgraded or is situated in a highly desirable micro-location within Fort Richmond.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $604,000. The last recorded sale was in November 2020 for between $555,000 and $585,000. The assessment is now notably higher, reflecting market changes and/or improvements made to the property.
2. Is the lot size a disadvantage?
While the lot is smaller than the average for Linacre Road, it is still above the city-wide average. It provides a balanced outdoor space with room for the pool and garden, but may not suit those seeking extensive yard space for large-scale gardening or expansions.
3. What does the "Elite" ranking for living area mean practically?
Ranking in the top 3-5% for living area means this home offers about 1,000 more square feet than the typical Winnipeg home (~1,342 sqft). This translates to potentially more bedrooms, larger common areas, or dedicated spaces like a home office or gym that are hard to find in most listings.
4. Are there any garage facilities?
No, the property listing specifies there is no garage. Buyers would need to consider on-driveway parking or the potential for adding a garage, subject to bylaws and lot space.
5. The home was built in 1969. What should I consider?
While the basement has been renovated, a home of this age will have core systems (like plumbing, electrical, roof) that are approximately 57 years old. A thorough inspection is recommended to understand the condition and any needed updates, even though the property presents as well-maintained.