Property Overview
This 1973 one-storey home at 130 Ryerson Avenue in Fort Richmond is a straightforward, no-frills property that offers solid value within its established neighbourhood. With 1,204 sqft of living space and a renovated basement, it sits on a 6,596 sqft lot—a parcel size that is notably above the city-wide average, offering good outdoor space potential. The home lacks a garage and pool, keeping maintenance simpler. Its recent sale in early 2025 aligns closely with its assessed value, indicating a stable, market-reflective price.
Key Characteristics & Appeal
The primary appeal of this home lies in its practicality and lot size. It’s not a standout in terms of size or assessed value within its immediate area, but it holds its own as an average, well-situated property in Fort Richmond. A key, less obvious strength is its land area, which ranks in the top 21% city-wide, offering more yard space than most Winnipeg homes—a valuable asset for gardening, expansion, or simply enjoying more private outdoor room. The renovated basement adds functional living space without the need for immediate upgrades.
This property would suit first-time homebuyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood. It’s also a sensible fit for value-oriented buyers who prioritize a larger lot over a larger house, seeing the potential in the land itself. Investors might find it a stable rental property given its average metrics and recent sale history.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is consistently around average for Ryerson Avenue in living area, assessed value, and land size. Its year built (1973) is actually the newest on the street, ranking in the top 3%.
2. What is the likely property tax based on the assessed value?
With an assessed value of $41,100, property taxes would be calculated using the City of Winnipeg’s mill rate. You can estimate taxes by multiplying the assessed value by the residential mill rate (approximately 0.013-0.014 in recent years).
3. Is there potential for future expansion or adding a garage?
The above-average lot size provides a tangible advantage for potential additions, like a garage, workshop, or garden suite, subject to local zoning and permit approvals.
4. What does "renovated basement" typically mean in a home of this age?
While specifics aren’t listed, in a 1973 home this usually means finished living space (e.g., rec room, bedroom) with updated basics like flooring, drywall, and lighting. It’s wise to inquire about the renovation date, moisture control, and ceiling height.
5. Where can I find the exact historical sold price?
The listed sale price is a public data range. The exact sold price can be requested directly from SaveOnHouse via their email system, as noted on the detail page.