Property Overview: 37 Linacre Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical property that balances space, location, and value. Its key characteristic is its above-average living area (1,804 sq ft) for both the neighborhood and the city, offering more interior room than many comparable homes. The basement has been renovated, adding functional living space. The lot size is also generous city-wide, providing good outdoor space.
The appeal lies in its value proposition. While the home is older (built in 1967) and lacks a garage, its assessed value is positioned below average for its immediate street but aligns with averages for Fort Richmond and the wider city. This suggests a potential opportunity for buyers comfortable with a vintage home, possibly seeking a property where value is derived more from interior space and lot size than from high-end finishes or recent construction. It last sold in late 2022.
This home would suit a buyer looking for a straightforward, spacious bungalow in a established neighborhood. It’s a match for those who prioritize living and land area over modern amenities like a garage or a new build, and who may see potential in a home with a renovated basement. It could be a fit for first-time buyers needing space, downsizers looking for single-level living, or value-oriented investors.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value for the street mean?
It indicates that, compared to other homes on Linacre Road, this property is assessed at a lower value. This could be due to its age, lack of a garage, or the style/condition relative to neighbors. It doesn't necessarily reflect the home's livability, but may influence its price point.
2. Is the living area size typical for the area?
Yes, and it's a standout feature. The living area is above average for both Fort Richmond and Winnipeg overall, meaning you get more interior space than many homes in its price range.
3. What are the implications of the home being built in 1967?
As a home from the late 1960s, buyers should budget for maintenance and updates consistent with its age. Key systems like plumbing, electrical, and the roof may need inspection. The style is a classic one-storey bungalow.
4. How does the lack of a garage affect daily life and value?
This is a significant consideration for vehicle storage, security, and extra storage space. Buyers would need to rely on driveway parking and consider the cost of adding a shed or future garage, which the lot size may accommodate.
5. Where can I find the exact historical sale price?
The listing service provides an estimated sold price range from public data. To obtain the precise sale price from October 2022, you must request it directly from the listing provider via the email button on the detail page.