Property Overview
This one-storey home at 35 Bryn Mawr Road in Fort Richmond is a practical and well-positioned property. Built in 1972, it features 1,158 sqft of living space and a renovated basement, sitting on a 6,268 sqft lot with a detached garage. Its assessed value is notably strong for the immediate street.
Key Characteristics & Appeal
The home’s primary appeal lies in its solid foundation and efficient layout. The renovated basement adds functional living space, a valuable upgrade in a home of this era. While the living area is average for the neighbourhood, the property stands out for its above-average assessed value on Bryn Mawr Road, suggesting it is well-maintained or has features that are favourably viewed by assessors relative to its direct peers. The lot, while smaller than others on the street, is still above the city-wide average, offering decent outdoor space without excessive maintenance.
This property would suit first-time buyers or downsizers looking for a manageable, single-level home in a established area. It’s also a sensible fit for value-conscious investors or homeowners who prioritize a move-in ready basement and a strong assessment profile over a large yard. A less obvious perspective is that a smaller lot on a street of larger ones can mean lower property taxes compared to immediate neighbours, while still providing the benefits of the location.
Frequently Asked Questions
1. How does the assessed value compare to nearby homes?
The home’s assessed value is in the top 15% on its own street, meaning it is higher than most direct neighbours. It is around average for the wider Fort Richmond area and slightly above average city-wide.
2. Is the lot size a disadvantage?
The lot is smaller than most on Bryn Mawr Road. However, it remains larger than the typical Winnipeg lot, representing a balance between having private outdoor space and less yard work.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and functionality of the space.
4. How old is the home, and what might need attention?
Built in 1972, the home is 54 years old. While the basement is renovated, prospective buyers should consider the age of major systems like the roof, plumbing, electrical, and heating, which may be due for updates or inspection.
5. Where can I find the exact historical sale price?
The listed sale price from 2019 is an estimated range. The exact sale price can be requested directly from SaveOnHouse via email, as they manually provide this data from their records.