Property Overview: 27 Valence Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical, renovated property built in 1975. With 1,176 sqft of living space and an attached garage, it sits on a 6,157 sqft lot. The home’s key appeal lies in its balance and established location. While its living space is modest compared to immediate neighbors, its assessed value is solid for the area, suggesting good underlying value. The renovated basement adds functional space.
The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighborhood. Its lot size is notably larger than many in Winnipeg, offering good outdoor potential. A thoughtful perspective is that this home represents a "middle-ground" option: it’s not the newest or largest on the street, but it avoids the premium price of those properties while offering updates and space. It appeals to a buyer who prioritizes a quiet, established street and a decent yard over having the most square footage in the immediate vicinity.
Frequently Asked Questions
1. How does this home compare in size to others on the street?
At 1,176 sqft, the living area is below the average for Valence Avenue. This indicates a more compact, efficient layout compared to many neighboring homes.
2. Is the assessed value typical for Fort Richmond?
Yes. The $410k assessment is around the neighborhood average, positioning it as a mid-range property for the area in terms of municipal valuation.
3. What is the significance of the lot size?
The 6,157 sqft lot is above the city-wide average, which is a standout feature. It offers more private outdoor space than many Winnipeg homes, though it is slightly below average for the Fort Richmond area specifically.
4. When was the basement renovated?
The listing confirms the basement is renovated, but the specific year of renovation is not provided in the public data. This would be a key detail to confirm with the seller.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this precise history manually via email upon request, with data available from 2016 onward.