Property Overview
2 Burgess Avenue is a well-maintained, one-storey home in Fort Richmond, built in 1979. With 1,492 sqft of living space and a renovated basement, it sits on a generous 6,816 sqft lot with a detached garage. Its assessed value is notably above average for the neighbourhood, indicating strong underlying value for the area. The home’s appeal lies in its practical, single-level layout combined with a mature and established setting. It represents a solid, move-in-ready property without the premium price tag of newer builds, offering space and functionality.
This home would suit first-time buyers seeking a manageable layout, downsizers looking for a comfortable single-level living space, or value-focused investors attracted by its above-average assessment in a stable neighbourhood. A less obvious advantage is its relative newness compared to other homes on its street—it’s the newest among its immediate peers, which can mean fewer major age-related updates in the near term. The lot size is also larger than the city average, offering good outdoor space potential in a neighbourhood where lots can be more compact.
Frequently Asked Questions
What is the exact sold price history?
The public data shows a sale in July 2017 in the range of $39.5k to $42.5k. For the precise historical sold price, you can request it via email from the listing service; they provide this detail manually at no cost.
How does this home compare in size to others nearby?
At 1,492 sqft, the living area is close to the average for Fort Richmond. It offers a comfortable size that is neither the largest nor the smallest in the area, fitting a typical family’s needs.
Why is the assessed value considered above average for the neighbourhood?
The assessment of $47.50k ranks in the top 18% for Fort Richmond. This suggests the property, likely due to its condition, updates like the renovated basement, and lot, is valued higher than most comparable homes in the area, which average about $43.60k.
What are the implications of the home’s age?
Built in 1979, it is newer than most on its street and in the wider neighbourhood. This is a positive, as key components like wiring and plumbing may be from a more modern standard than older area homes, though a standard inspection for a house of this age is still advised.
Is the lot size a significant feature?
Yes. The lot of 6,816 sqft is larger than the typical Winnipeg lot (avg. 6,570 sqft). This provides more private outdoor space than many city properties, which is a valued asset for gardening, recreation, or future expansion.