Property Overview
This two-storey home on a large, mature lot in Richmond West presents a practical and comfortable living opportunity. Built in 1992, its key appeal lies in its balance of established neighbourhood character and updated living space, notably the renovated basement which adds valuable finished square footage. The property sits on a lot that is larger than most on its street and in Winnipeg overall, offering ample outdoor space. With an attached garage and a living area that is above average for the immediate street, it caters to those seeking room to grow or relax without the maintenance of a brand-new build. Its assessed value positions it solidly in the middle of the local market.
This home would suit a young family looking for move-in readiness with room to expand, or a downsizer from a larger property who still values generous lot size and indoor space. It’s a sensible choice for buyers who prioritize a quiet, established neighbourhood over brand-new construction and appreciate the value-add of recent renovations.
Frequently Asked Questions
1. How does the lot size compare to others?
At over 5,700 square feet, the lot is notably larger than average, ranking in the top 18% on Bairdmore Boulevard. This is a significant feature for outdoor space, gardening, or future projects.
2. What does "renovated basement" typically mean for a 1992 home?
While specifics should be verified, in this context it usually indicates the basement has been finished into livable space (e.g., rec room, bedroom, office) with contemporary materials, adding functional area beyond the main floor square footage.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($47,200) is for municipal tax purposes. The last known sale was in 2016 for $42,700. The listing price will be based on current market conditions, recent comparable sales, and the home’s updated features.
4. What is the neighbourhood like?
Richmond West is a mature, family-oriented area in Winnipeg. The property rankings show it is a stable, middle-of-the-pack neighbourhood in terms of metrics like living area and year built, suggesting consistency rather than extremes of old or new.
5. How does this home compare to newer builds in nearby areas like South Pointe?
This 1992 home offers larger lot sizes and mature landscaping that newer subdivisions often lack. While newer builds may have modern floor plans, this property provides established community roots and the potential for more outdoor privacy, trading the latest design trends for space and maturity.