Property Overview: 173 Rochester Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and spacious layout with over 1,600 square feet of living space, placing it comfortably above average for the neighbourhood and city. Its appeal is rooted in solid fundamentals: a recently renovated basement adds modern living space, the attached garage provides convenience, and the lot size of over 6,800 square feet is generous, particularly by city-wide standards. The home’s assessed value ranks in the top tiers for its immediate area, suggesting a perception of above-average worth.
The property suits buyers looking for a move-in ready, single-level living option without sacrificing room to grow. It’s a strong match for downsizers seeking ease of maintenance but who still want ample indoor and outdoor space, or for young families attracted to the established Fort Richmond community. A thoughtful perspective is that this home represents a balanced, "middle-ground" option—it’s not the newest on the street, but it outperforms many peers in key metrics like size and value, offering a pragmatic blend of space, updates, and location without the premium of a brand-new build.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,602 sqft, this home’s living area is in the top 25% compared to others on Rochester Avenue and city-wide, offering more space than the typical local benchmark.
2. What is the significance of the assessed value ranking?
With an assessed value ranking in the top 13% on its own street and top 18% in Fort Richmond, this indicates the property is formally valued higher than most direct comparable homes, which can be a positive indicator for equity.
3. Is the basement renovation reflected in the assessed value?
While the listing notes a renovated basement, the assessed value is a municipal valuation for tax purposes and may not fully capture or immediately reflect recent improvements or market premiums for finished space.
4. What is the typical lot size in this area?
The lot of 6,817 sqft is slightly above the average for Rochester Avenue and notably larger than the Winnipeg city-wide average, providing ample outdoor space relative to many urban properties.
5. How can I find the exact historical sold price?
The listed sold price range is based on public data. The exact sale price from September 2022 is available by request via email from the listing service, which they provide manually without using your contact information for marketing.