Property Overview & Key Characteristics
This 1984 four-level split home in Richmond West offers a practical layout with a renovated basement and an attached garage. Its key appeal lies in its established, quiet neighbourhood and its generous 4,324 sqft lot, which ranks in the top 2% of the area for size. The home itself, at 1,603 sqft, provides comfortable living space that is typical for the street. The property suits buyers looking for a solid, no-frills family home in a mature area with room to grow outdoors. It may particularly appeal to those who value a larger yard over a newer build, and to value-conscious buyers noting that its assessed value is modest compared to some nearby, similarly-sized homes. A thoughtful perspective is that while the home is older, its lot size is a lasting asset that newer subdivisions often can't match, offering potential for gardening, play, or future expansion.
Frequently Asked Questions
1. How does the age of this home affect its value?
Built in 1984, it's among the newer homes on its street. While some systems may be due for updates, the age is balanced by the desirable lot size and the fact the basement has already been renovated.
2. Is the property tax likely to be high?
The assessed value of $41,400 is below the neighbourhood average, suggesting property taxes may be relatively manageable compared to other homes in Richmond West.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or your agent to understand the home's full living space.
4. How does this home compare to others on the street?
It has the largest lot on Southlawn Stroll. While its living area is mid-range for the street, the lot is a standout feature, offering more private outdoor space than its direct neighbours.
5. What is the neighbourhood like for families?
Richmond West is a stable, established area. The listing shows several comparable family homes nearby, suggesting a community well-suited for those seeking a traditional suburban setting with good access to Winnipeg amenities.