Property Overview: 147 Baylor Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home on Baylor Avenue is a study in contrasts, offering a compact and efficient footprint in a mature neighbourhood. Its primary appeal lies in its above-average living space (1,152 sq. ft.) for its immediate street, ranking in the top 6% among the 18 homes on Baylor. This suggests a well-utilized layout that feels more spacious than many neighbouring properties. The home features a renovated basement and a detached garage. Built in 1973, it is typical for the area. From an investment perspective, its assessed value is notably higher than most on its street but lower than the broader Fort Richmond average, potentially indicating a value proposition within its micro-location.
The property would suit first-time buyers or downsizers seeking a manageable home in an established area without a premium lot size. Its lot of 3,838 sq. ft. is smaller than most in Fort Richmond, which translates to less yard maintenance—a perk for some, a drawback for others. It’s a home for those who prioritize interior space and recent updates (like the basement) over expansive outdoor space. The sales history shows steady value growth, pointing to a stable, if not rapidly appreciating, asset.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,152 sq. ft., the living area is significantly larger than the average for Baylor Avenue (979 sq. ft.), making it a spacious option on its street. However, it is slightly below the average for the wider Fort Richmond neighbourhood.
2. What does the assessed value tell me about this property?
The assessed value of $31,900 is above average for Baylor Avenue but below the average for Fort Richmond as a whole. This often suggests the home may offer good value within its immediate area compared to pricier parts of the neighbourhood.
3. Is the lot size a concern?
The lot is 3,838 sq. ft., which is smaller than most in Fort Richmond. This means less yard maintenance but also less private outdoor space. It’s a practical fit for those not wanting extensive gardening or yard work.
4. Has the property’s value increased over time?
Based on available sales data, the home’s selling price increased from the ~$24.5k-$27.5k range in 2017 to the ~$30.5k-$33.5k range in 2021, indicating positive value growth over that four-year period.
5. What is the neighbourhood context of Baylor Avenue?
Baylor Avenue is a street of similar-era homes, with this property’s metrics (like year built and land area) being very typical for the street. This creates a consistent, established streetscape but less variation in property types.