Property Overview: 948 Summerside Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Fort Richmond presents a practical and efficient living space. Its key appeal lies in its above-average condition and updates relative to its immediate area. With 1,036 sqft of living space, it is notably larger than other homes on Summerside Avenue. A recently renovated basement adds functional living area, and the detached garage offers flexibility. Built in 1987, it is a newer construction compared to most of Winnipeg, suggesting modern building standards and potentially lower immediate maintenance needs.
The property suits first-time homebuyers seeking a move-in-ready starter home with modern touches, or downsizers looking for a manageable single-level layout without sacrificing space. Its lot size, while smaller than the Fort Richmond average, is efficiently used and larger than others on the street, offering decent outdoor space without excessive upkeep. A thoughtful perspective is its value stability: the assessed value ranks solidly within its neighborhood, indicating it is not over-improved for the area, which can be a prudent investment position.
Section 2: Frequently Asked Questions
1. How does the living space compare to the area?
While the home’s living area is slightly below the city-wide average, it ranks in the top 13% on its own street and is significantly larger than the average home on Summerside Avenue, offering more interior space than its direct neighbors.
2. What is the significance of the 1987 build year?
Constructed in 1987, this home is newer than approximately 97% of homes in Fort Richmond and 75% of homes across Winnipeg. This typically means fewer issues associated with aging infrastructure and components that are closer to modern standards.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes. Notably, the last recorded sold price (2019) was below the current assessed value, which is common. The current assessment places the home in an average position for the neighborhood, suggesting it is aligned with area norms rather than being an outlier.
4. What should I know about the lot size?
The lot is 4,321 sqft. This is larger than most on the street but smaller than the typical lot in Fort Richmond. This translates to less yard maintenance than many area homes, but potentially less private outdoor space.
5. How can I get the exact historical sold prices?
The provided sold price history is an estimated range from public data. The listing service offers to provide the exact sale figures manually via email upon request, at no cost and without marketing spam.