Property Overview: 946 Greencrest Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This bi-level home at 946 Greencrest Avenue presents a practical and efficient living option in Winnipeg's Fort Richmond neighborhood. Its key characteristic is its modern age—built in 2000, it is notably newer than most homes on its street and in the wider area, which typically date to the 1970s and 80s. This suggests potentially fewer immediate concerns with major aging components like the roof, windows, or foundation.
The home’s appeal lies in its balance. With 800 sqft of living space, it is compact and manageable, suited for those seeking a low-maintenance lifestyle without the fees of a condo. The lot size is generous for the street but modest for Fort Richmond overall, offering outdoor space without being burdensome. A detached garage and a renovated basement add functional value. Recent sale history indicates stable, modest value appreciation.
This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a modern, entry-level house in a well-established neighborhood. It’s for those who prioritize a newer build and manageable upkeep over sheer square footage. A thoughtful perspective is that while the living space is below area averages, the newer construction could mean lower near-term repair costs and better energy efficiency, offsetting the smaller footprint.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the 800 sqft living area is below average for the city and neighborhood, the home’s efficient bi-level layout, renovated basement, and modern build year make it a functional space for individuals, couples, or small families who value simplicity.
2. What does the "Elite" ranking for the year built mean?
This statistical ranking means the home is among the newest 1-3% of properties when compared to its immediate street and the Fort Richmond area. It highlights a key advantage over many neighboring homes that are 15-30 years older.
3. How does the assessed value compare to recent sale prices?
The current assessed value ($38,600) is consistent with the home's sale price range from late 2021 ($35,500 - $38,500), indicating a stable market valuation. It is around average for the street but below average for the larger Fort Richmond area.
4. What is the neighborhood like?
Fort Richmond is a mature, family-oriented neighborhood near the University of Manitoba. This specific street features homes on modest lots, and the property's rankings suggest it fits the local scale while benefiting from the area's amenities and convenience.
5. Who should consider this property?
This home is ideal for buyers seeking a modern, low-maintenance house without condo fees. It’s a strong match for first-time buyers comfortable with a cozy layout, downsizers looking to reduce upkeep, or investors interested in a newer property with stable rental potential in a university-adjacent area.