Property Overview & Key Characteristics
This 1981 four-level split home at 11 Sunbury Place in Fort Richmond offers a practical and spacious layout with a recently renovated basement. With approximately 1,990 square feet of living space, it sits comfortably above the average size for both the neighbourhood and Winnipeg overall, providing ample room for a family. The home includes an attached garage and sits on a 6,593 sqft lot.
Its primary appeal lies in its established, quiet location within a mature neighbourhood, combined with above-average interior space for the area. The renovated basement adds modern, functional living space. From a value perspective, the home's assessed value is notably above average for Fort Richmond, yet it remains around the median for its immediate street, suggesting it is a solid, representative property in a desirable pocket of the community.
This property would suit buyers looking for a character home from the early 80s with updated fundamentals, who prioritize interior space over having the largest lot on the block. It’s a strong fit for a growing family seeking the community benefits of Fort Richmond—like proximity to the University of Manitoba, parks, and schools—in a move-in ready format that doesn’t require a full-scale renovation.
Frequently Asked Questions
1. How does the lot size compare?
While the lot is above average compared to the entire city, it is slightly below the average for Sunbury Place itself. This means you get generous indoor living space, but the outdoor space is more typical of a standard city lot.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes. Notably, this home's assessed value is in the top 10% for Fort Richmond, indicating the city views it as a higher-value property in the neighbourhood. However, market conditions will ultimately determine the sale price.
3. What does the "above average" year built mean for a 1981 home?
In the context of Fort Richmond, "above average" means the home is newer than many in the area. This can suggest potentially fewer major age-related updates in the near term compared to older neighbourhood homes, though a thorough inspection is always recommended.
4. The home last sold in 2021. What does that mean for me?
The sale history shows turnover relatively recently, which can be positive as it may indicate the sellers have made improvements during their ownership. It also provides a more current market price point for comparison than many older sales in mature neighbourhoods.
5. What are the practical benefits of a four-level split design?
This style often creates distinct living zones, offering good separation between common areas and bedrooms. It can be energy-efficient, as heat rises through the levels. However, it also means more stairs, which is a consideration for mobility or young children.