Property Overview
18 Gillingham Avenue is a well-situated one-storey home in Fort Richmond, built in 1977. It presents a practical opportunity with a renovated basement and an attached garage. The home sits on a notably large lot of 7,475 sq ft, which is well above the city-wide average, offering valuable outdoor space and potential. While its living area of 1,271 sq ft is modest compared to its immediate street, its assessed value of $450k positions it as an above-average offering within the broader neighbourhood and city context.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous land size—a relative rarity that provides room for gardening, recreation, or future expansion. The renovated basement adds functional living space. Its assessed value suggests it is a solid, established property in a mature neighbourhood. This home would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It also appeals to value-oriented buyers who see potential in the large lot and are comfortable with a home that is functional but not the largest on the block. A thoughtful perspective is that while the house itself is average in size for the city, you are acquiring a land asset that is increasingly scarce, making it a grounded long-term investment.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,271 sq ft, the living area is below average for Gillingham Avenue but is close to the average size for both the Fort Richmond area and the city of Winnipeg as a whole.
2. Is the assessed value high for the area?
The $450k assessment is above the average for both Fort Richmond and Winnipeg, but it is below the average for the specific street. This indicates a solid, mid-range property value in a broader context.
3. What is the significance of the large lot?
The 7,475 sq ft lot is a standout feature, ranking well above averages for the street, neighbourhood, and city. It offers more privacy and space than typical properties, which is a key asset.
4. What can the sold price history tell me?
Public data shows it last sold in August 2022 for an estimated range of $38.5k to $41.5k. For the exact historical sold price, you can request the information directly via email from the listing source.
5. Who might this property not suit?
Buyers seeking a large interior living space or a brand-new home may find it limiting. It’s best suited for those who prioritize land size and location over having a maximized floor plan relative to the immediate street.