37 Richardson Avenue

Property Overview: 37 Richardson Avenue, Garden City, Winnipeg

Section 1: Key Characteristics & Buyer Appeal

This one-storey home, built in 1959, presents a practical and straightforward opportunity in Winnipeg's Garden City neighbourhood. Its key appeal lies in its solid foundation and renovated basement, offering move-in-ready living space without the need for immediate major updates. With 1,060 sqft of living area, it sits comfortably around the average size for its immediate street and the wider city, providing adequate space for a smaller household.

The property’s standout characteristic is its lot size. At 5,249 sqft, the land area is notably smaller than most in Garden City and on Richardson Avenue itself. This isn't necessarily a drawback; it translates to less yard maintenance, which could be a significant perk for downsizers, first-time buyers, or those seeking a more lock-and-leave lifestyle. The home’s assessed value is positioned below the neighbourhood average, suggesting a potentially accessible price point for the area.

This home would best suit buyers looking for affordability and convenience in a well-established neighbourhood. It’s a strong match for first-time homeowners, empty-nesters seeking to downsize from a larger property, or pragmatic investors looking for a rental property with a renovated basement suite. Its average metrics and smaller lot indicate it’s a workhorse property rather than a standout luxury home, appealing to those focused on value and function over expansive square footage or large outdoor spaces.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Prospective buyers should inquire about the finish quality, ceiling height, proper egress, and whether it includes a separate kitchen or bathroom, as this significantly impacts value and utility.

2. With no garage, what are the parking options?
The property has no garage. Buyers should verify the driveway capacity and on-street parking regulations with the city to ensure it meets their needs, especially during Winnipeg winters.

3. How does the smaller lot size affect the property?
While the yard is smaller than many in the area, this means lower maintenance costs and less time spent on landscaping. It’s a trade-off that prioritizes ease over expansive outdoor space.

4. The home sold in 2023 and again in 2019. Is this a concern?
The recent sales history suggests a higher turnover. This isn't inherently negative but warrants asking about the reasons for sale to understand if there were specific issues or if it’s simply been used as a successful investment property.

5. How do the rankings and comparisons work?
The metrics compare this home to similar properties on its street, in Garden City, and citywide. For example, its "Top 53%" ranking for living area on Richardson Avenue means it is larger than 53% of comparable homes on that street, placing it around the middle. These stats help gauge how the property stacks up in various contexts.