Property Overview: 907 Carrigan Place, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, well-maintained bi-level home built in 1985, offering a renovated basement and a detached garage. With 888 square feet of living space, it is a smaller home, ranking below the average size for both the Fort Richmond area and Winnipeg overall. However, its assessed value is competitive, sitting around the average for its immediate street and city-wide.
The primary appeal lies in its efficient layout and modernized lower level, providing functional space without the upkeep of a larger property. It sits on a modest, manageable lot. A key, less obvious strength is its relative newness; built in 1985, it is among the newest homes on its street and in Fort Richmond, which can suggest more modern building standards and potentially lower immediate maintenance costs compared to much older stock in the city.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking an affordable entry into the Fort Richmond neighborhood. It’s for those who prioritize location and a renovated condition over square footage, and who prefer a home that is easier to maintain and heat than a larger, older alternative.
Section 2: Frequently Asked Questions
1. Is this home a good value for the price?
Based on the data, its assessed and recent sold prices are consistently around the average for similar homes on its street and across Winnipeg. This suggests it is priced in line with the market for a home of its size and condition, rather than being a standout bargain or overpriced.
2. How does the smaller living space compare to the neighborhood?
The living area is notably smaller than the Fort Richmond average. Buyers should be comfortable with a cozy layout, but this also translates to lower utility costs and less space to maintain. The renovated basement effectively adds usable living area.
3. What does the "Elite" ranking for year built mean?
This indicates the home is newer than 95-97% of comparable properties on its street and in Fort Richmond. In a city with many older homes, this is a significant advantage, typically implying newer major components like wiring, plumbing, and windows.
4. The lot size ranks "below average" for the area. Is that a concern?
Fort Richmond has many homes on larger lots. At just under 4,000 sq ft, this lot is average for its specific street but smaller than the area norm. This means less outdoor maintenance but also limited space for expansions, large gardens, or privacy.
5. Who should consider requesting the exact sold price history?
Reviewing the exact price history (available by email request) is most useful for serious buyers to understand precise market trends for this home. It helps in formulating a competitive offer by showing what it previously sold for and how the market has moved.