Property Overview
This one-storey home at 93 Greyfriars Road in Fort Richmond presents a specific and practical opportunity. Built in 1971, it sits on a generous 6,485 sqft lot, which is notably larger than the typical Winnipeg city lot. The living space, at 946 sqft, is modest and below the average for the immediate area, housed within a renovated basement. A detached garage completes the property.
Its primary appeal lies in its land value and location within a mature neighbourhood. The lot size offers potential for expansion, gardening, or simply more private outdoor space than many newer properties. With an assessed value that is average for its street and city, it represents an accessible entry point into the Winnipeg market. This home would best suit a value-conscious buyer, such as a first-time homeowner or an investor, who prioritizes land size over interior square footage and is comfortable with a compact, efficiently designed living space. It’s a property where the value is arguably more in the ground it sits on and its location than in the current structure.
Frequently Asked Questions
1. Is the house particularly small compared to neighbours?
Yes. The living area is below average for both Greyfriars Road and the wider Fort Richmond area. This indicates a more compact, efficient floor plan.
2. What does the "Elite" ranking for Year Built mean?
On its own street, this home (built in 1971) is among the newest. This is a relative point, as the area is uniformly mature, but it suggests slightly newer construction compared to the immediate neighbours.
3. How does the lot size compare?
The lot is a key feature. While below average for the street, it is above average for the entire city, offering more outdoor space than many Winnipeg properties.
4. What can the sold price history tell me?
The listed sale in April 2022 provides a recent benchmark. For the exact sold price, you can request it via email from the site, as they manually provide this specific data.
5. Who might this property not suit?
It may not suit buyers looking for a large, move-in-ready interior without renovation work, or families requiring multiple large bedrooms and abundant living space immediately. The value proposition here is the land and location, not expansive finished square footage.