Property Overview
This one-storey home at 3 Grimston Road in Fort Richmond presents a solid, well-maintained option in a mature Winnipeg neighbourhood. Built in 1975, it features 1,256 sqft of living space, an attached garage, and a renovated basement. The property sits on a 6,817 sqft lot, which is notably spacious for the street and city-wide comparisons. Its appeal lies in its above-average assessed value relative to its immediate area, suggesting good upkeep and potential desirability. The home suits first-time buyers or downsizers looking for a manageable single-level layout in an established community, with the renovated basement adding valuable flexible space. A thoughtful perspective is that while the living area is average in size, the property's strength is its proportionally larger lot and strong value standing on its own street, indicating it's a premium offering within its specific local context.
Key Details & FAQs
Key Characteristics:
- Type & Space: A one-storey house with 1,256 sqft, an attached garage, and a renovated basement.
- Lot & Setting: A key feature is the 6,817 sqft lot, which is larger than most comparable lots both on the street and across Winnipeg.
- Value & Standing: The home's assessed value is in the top 20% on its street and top 26% in Fort Richmond, indicating it is valued higher than many peers. It last sold in August 2023.
- Ideal Buyer: Best suited for those seeking a low-maintenance, single-level layout without sacrificing yard space. It’s a practical choice for buyers who prioritize a renovated basement and a stable, established neighbourhood over brand-new construction.
Frequently Asked Questions:
1. How does this home compare to others on the street?
It holds a strong position. While the living space is average for Grimston Road, it has one of the newest construction years, a larger-than-average lot, and an assessed value in the top quarter of homes on the street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or listing agent regarding the finishes, permits, and the nature of the renovation.
3. Is the sold price history available?
The exact sold price is not publicly listed. The site provides an estimated range (e.g., $45.50k ~ $48.50k for August 2023) and offers to provide the exact figure via email request.
4. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value ($45.70k) and the City of Winnipeg's mill rate. You can estimate taxes by multiplying the assessed value by the current residential mill rate.
5. How does the lot size benefit a buyer?
The lot is significantly larger than the city-wide average, offering more outdoor space for gardening, recreation, or future additions like a deck or shed—a valuable asset in a mature neighbourhood where lots are often smaller.