Property Overview: 90 Newcastle Road, Fort Richmond, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1973 bi-level home at 90 Newcastle Road is a property defined by its practical footprint and value-oriented position in the Fort Richmond neighbourhood. Its key characteristic is a modest 804 sqft of living space, which is notably compact compared to most homes on its street and in the wider area. This is balanced by a recently renovated basement and an attached garage. The lot is a generous 6,960 sqft, offering above-average outdoor space for the city, which presents a clear opportunity for gardening, expansion, or simply more private yard space than is typical.
The primary appeal lies in its affordability and efficiency. With an assessed value significantly below area averages, it represents a lower barrier to entry into a well-established neighbourhood. It suits first-time buyers, downsizers, or pragmatic investors seeking a manageable property without the upkeep of a larger home. The renovated basement adds functional living space, making the overall package more versatile than the main floor square footage alone suggests. A thoughtful perspective is that its compact size and older, but not ancient, construction year could mean lower utility costs and simpler maintenance, appealing to those seeking a straightforward, cost-conscious home.
Frequently Asked Questions
1. Is the living space too small?
At 804 sqft on the main floor, it is compact. However, the renovated basement effectively doubles the usable living area, making the total functional space more in line with neighbourhood norms.
2. Why is the assessed value lower than nearby homes?
The assessed value reflects the home's smaller-than-average living area for Fort Richmond. It positions the property as a value option, often resulting in lower property taxes—a key, less obvious financial benefit.
3. What does the "Elite" ranking for Year Built on its street mean?
This simply indicates it is one of the newest homes on Newcastle Road, built in 1973. On its specific street, most houses are older, so its construction year is relatively recent in that immediate context.
4. How does the large lot size benefit me?
The 6,960 sqft lot is larger than the Winnipeg average. This provides ample yard space and potential for future additions like a deck, shed, or garden, which is a valuable asset not reflected in the home's square footage.
5. Where can I find the exact historical sale price?
The listed sale price is a range based on public data. The exact sale price is available by request via email from the listing source, as they manually verify this information from non-public records.