Property Overview: 228 Rochester Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and comfortable living space. Built in 1974, it features 1,482 sqft of living area and sits on a 6,426 sqft lot, both metrics that are solidly average or better for the immediate street and wider neighbourhood. A key highlight is the home's renovated basement, adding valuable finished space. The property includes a detached garage.
Its primary appeal lies in its strong value proposition and established location. The home's assessed value ranks consistently above average—within the top 22% in Fort Richmond—suggesting it is viewed favourably relative to its peers. This, combined with the renovated basement, indicates a home that has been maintained and updated. The lot size is notably above the city-wide average (top 23%), offering good outdoor space for a mature neighbourhood.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout in a convenient South Winnipeg community. It’s also a fit for value-conscious buyers who appreciate a home with clear, above-average assessed worth and one major renovation (the basement) already completed, providing a move-in-ready foundation without being brand new.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $46,600 ranks above average for both Rochester Avenue and the broader Fort Richmond area, placing it in the top 22% of similar homes in the neighbourhood. This suggests it is a financially substantial property in its local market.
2. What is the significance of the above-average lot size?
While the lot is around average for the street, it ranks in the top 23% city-wide. This means you get more private outdoor space than is typical for many Winnipeg homes, a valuable asset for gardening, recreation, or future expansion.
3. Is the renovated basement a full secondary suite?
The listing specifies a renovated basement but does not mention a separate kitchen or entrance. Buyers should verify the layout and permits to understand if it’s a recreational space, a self-contained suite, or something in between.
4. What are the implications of the home’s age (built 1974)?
As a home from the mid-1970s, major components like the roof, windows, and mechanical systems (furnace, electrical) may be at or beyond their typical service life. An inspection is crucial to understand the condition and any upcoming capital costs, despite the renovated basement.
5. Where can I find the exact historical sale price?
The listed sale price from 2016 is an estimated range. The property detail page provides a direct option to request the exact sold price history via email from the site administrators, who provide the data manually without marketing spam.