Property Overview: 35 Prestwood Place, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond is defined by its generous space, both inside and out. With 2,309 sqft of living area, it sits comfortably in the top quarter of homes on its street and the top 5% within the neighbourhood, offering significantly more room than the average Winnipeg house. This is complemented by an expansive 11,708 sqft lot, placing it in the top 4% city-wide for land area, providing exceptional outdoor potential.
The home’s primary appeal lies in this rare combination of substantial interior space and a very large, private yard within a mature community. Its assessed value is above average for the area, suggesting solid construction and desirable features. While built in 1980 (newer than many city homes), it is one of the older properties on Prestwood Place, indicating a well-established streetscape. The property includes an attached garage and a renovated basement, adding functional living and storage space.
This home would best suit buyers prioritizing room to grow, garden, or entertain outdoors over a brand-new build. It’s ideal for families seeking space, value-conscious purchasers looking for a property with above-average metrics for the price, or anyone who views a large lot as a long-term asset for privacy, recreation, or future expansion.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value?
Built in 1980, the home is newer than the average Winnipeg house but is among the older on its specific street. This often means mature landscaping and an established neighbourhood feel, but buyers should factor in the potential for updates to major aging components like the roof, windows, or HVAC systems.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. It’s essential to clarify whether this is a cosmetic update or includes major improvements like moisture-proofing, legal egress windows, and proper insulation, which impact livability and value.
3. The lot is unusually large. Are there any restrictions?
A lot in the top 4% city-wide is a significant asset. Buyers should verify there are no unusual easements, right-of-ways, or zoning restrictions that would limit their ability to use or develop the space (e.g., for a future addition, shed, or pool).
4. The assessed value seems high for the street. Why?
While the assessed value is around average for Prestwood Place, it ranks in the top 8% for Fort Richmond. This suggests the property’s combination of size, lot, and improvements is notably superior to many area homes, which is a positive indicator of its market position.
5. Can I trust the sold price history provided?
The listed sale price from 2017 is a range based on public data. For precise historical pricing to inform your offer, you must request the exact figure via the provided email service, as this data is manually verified and not fully disclosed online.