Property Overview: 22 Burgess Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical and well-sized living space of 1,812 sqft, which is notably above average for both the neighbourhood and the city. Built in 1977, it is a relatively newer home for the street and area. Key features include an attached garage and a renovated basement, adding valuable finished space. The lot size of 6,592 sqft is generous by city-wide standards, though it is slightly smaller than others on Burgess Avenue itself.
The appeal lies in its balanced, move-in-ready profile. It provides more interior space than many comparable homes without being the largest or most expensive property on the block. This positions it as a strong value proposition—offering room to grow without a premium price tag. The renovated basement is a significant functional upgrade, immediately providing extra living or recreational space.
This home would suit first-time buyers or growing families looking for a established, spacious home in a convenient Winnipeg neighbourhood. It’s also a sensible fit for value-conscious buyers who want above-average square footage and modernized living areas without venturing into the luxury market. The property represents a solid, middle-ground option that prioritizes livable space and updates over sheer lot size or exclusivity.
Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The home sold in May 2022 for an estimated $50.50k - $53.50k. Its current assessed value is $47.30k. It’s important to consult with a real estate professional for a current market valuation, as assessed values for tax purposes and market sale prices can differ.
2. Is the lot size a disadvantage?
While the lot is smaller than most on Burgess Avenue, it remains larger than the Winnipeg city average. This suggests a very usable yard that may require less maintenance, which could be a benefit for some buyers.
3. What does "above average" for the year built really mean?
Built in 1977, this home is newer than most in Fort Richmond and on its street. For the buyer, this can potentially mean fewer immediate concerns with aging components like plumbing or electrical systems compared to much older homes, though a thorough inspection is always recommended.
4. Who would I be comparing myself to in the "rankings"?
The rankings compare this home to "comparable" properties, likely similar in style and size. Its living area consistently ranks in the top 20-30% of these groups, meaning you get more interior space than most homes used for comparison in the area and city.
5. How can I get the exact historical sale price?
The exact sold price is not publicly listed in detail. You can request it directly via the "Get exact sold price history" feature on the listing page by providing your email. The service states it will provide the accurate figure manually without using your email for marketing spam.