Property Overview: 98 Bryn Mawr Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics, Appeal & Ideal Buyer
This well-maintained one-storey home in Fort Richmond presents a solid, move-in-ready opportunity. Built in 1972, it stands out on its street as being newer than most comparable properties. The 1,276 sqft living space is efficiently laid out and is complemented by a renovated basement, adding valuable functional space. A key feature is the generous 6,838 sqft lot, which is notably larger than the Winnipeg city average, offering ample outdoor potential.
The home’s primary appeal lies in its balance and practicality. It is not an outlier in any single metric but performs consistently well across the board—size, value, and lot dimensions are all above or near the averages for the street, neighborhood, and city. This suggests a property that has been cared for and sits comfortably within a stable community. The recent sale in late 2022 indicates a modern transaction history, and the renovated basement adds immediate utility.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It’s also a prudent choice for value-oriented buyers who appreciate a home that compares favorably to its peers without requiring major immediate investment. The larger lot offers a less obvious advantage: room for future expansion, gardening, or simply more private outdoor space than is typical in the city.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Based on its assessed value, this home ranks in the top third on its own street and in the Fort Richmond area, indicating it is valued higher than many direct neighbors. City-wide, it also holds an above-average position.
2. What is the significance of the lot size?
At 6,838 sqft, the lot is larger than approximately 82% of comparable properties across Winnipeg. This is a standout feature, providing more private outdoor space than is common for the city.
3. Has the property been updated?
The listing confirms the basement has been renovated. Information on other systems (roof, HVAC, windows) or interior updates should be verified through a viewing or inspection.
4. What is the sales history of this home?
Public records show two sales: one in August 2016 and the most recent in December 2022. The exact sale prices are available upon request from the listing source.
5. What is the neighborhood like for amenities and convenience?
Fort Richmond is a mature neighborhood near the University of Manitoba. It typically offers good access to schools, parks, shopping, and public transit, contributing to its enduring popularity.