Property Overview: 27 Mcmasters Road, Fort Richmond
Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a practical and grounded opportunity. Built in 1965, it features 1,186 sqft of living space and sits on a 6,158 sqft lot, with a renovated basement and a detached garage. The data suggests it is a quintessentially average home for its immediate street and neighborhood in terms of size and assessed value, which can be a strength for buyers seeking stability and predictability in a well-established area.
Its primary appeal lies in its move-in readiness, thanks to the renovated basement, and its position in a mature community. The lot size, while slightly below average for Fort Richmond, is actually above average citywide, offering good outdoor space for a property of this vintage. It would suit first-time buyers looking for a solid starter home without major immediate projects, or downsizers seeking single-level living with a manageable yard and the extra space a finished basement provides. A thoughtful perspective is that a home ranking "around average" in its core metrics often represents a lower-risk purchase, insulated from the extremes of over-improvement or under-investment found in more outlier properties.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is ranked in the top 31% on Mcmasters Road, meaning it is valued higher than many direct neighbors. This could reflect the renovated basement or other positive attributes not fully detailed in the raw data.
2. How does the lot size compare to a typical Winnipeg home?
While the lot is below the Fort Richmond average, it is actually larger than the average lot across the entire city, indicating the neighborhood generally features spacious properties.
3. What does the "renovated basement" likely include?
The listing specifies a renovated basement, which typically means it is finished as livable space (e.g., rec room, bedroom, or office), adding functional square footage to the home's 1,186 sqft main floor area.
4. Is the age of the home (1965) a concern?
The home is older than many in Fort Richmond but is typical for its specific street. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems.
5. Who are the most likely buyers for this property?
This home is well-suited for first-time buyers entering the market with a manageable property, or for empty-nesters looking to downsize from a larger house while still maintaining a garden and extra storage space in the detached garage.