Property Overview: 175 Kings Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 175 Kings Drive is a substantial property in Winnipeg's Fort Richmond neighbourhood. Its primary appeal lies in offering above-average space and a premium lot size for the area, all within a well-established community. The home features 2,354 sqft of living space, which ranks in the elite top 5% for Fort Richmond, making it notably larger than most local homes. It sits on a 9,046 sqft lot, which is also well above average for both the neighbourhood and the city overall, providing significant outdoor space. Key amenities include an attached garage, a renovated basement, and a pool.
The property suits buyers looking for a spacious family home with room to grow and entertain outdoors, without venturing into ultra-premium price brackets. Its assessed value positions it as an above-average home in Fort Richmond, yet it remains around average for its immediate street, suggesting it offers good value within a desirable pocket of the neighbourhood. A thoughtful perspective is that while the home itself was built in 1970, the generous lot size is a finite commodity that adds lasting value and potential. It’s ideal for someone who prioritizes indoor and outdoor space over a brand-new build, and who values the mature setting and established community feel of Fort Richmond.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is above average for Fort Richmond (top 9%) and the city (top 15%), but is around average for Kings Drive itself. This suggests you are paying for a premium-sized home and lot within a street of similarly valued properties.
2. Is the lot size typical for the area?
No, the lot is significantly larger than average. At over 9,000 sqft, it ranks in the top 11% for Fort Richmond and the top 8% citywide, which is a key differentiator and offers more privacy and yard space than many newer properties.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent regarding the finish quality, permitted uses, and whether it includes a separate entrance or suite potential.
4. The home was built in 1970. What should I consider?
While the structure is mature, the year built is actually newer than many on its street. Prospective buyers should prioritize a thorough inspection of major systems (roof, plumbing, electrical, foundation) and verify the age and condition of updates, including the basement renovation and pool equipment.
5. How stable is the value on this street?
Homes on Kings Drive appear to have consistent, above-average values for the neighbourhood. The fact that this home’s metrics are strong within Fort Richmond but average on its street indicates a stable, desirable micro-market, which can be a positive for long-term value retention.