Property Overview: 43 Radcliffe Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and straightforward property built in 1970. With 1,273 sqft of living space and an attached garage, it sits on a 6,440 sqft lot—a size that is actually above average compared to homes citywide. A key feature is its renovated basement, adding functional living space.
The primary appeal lies in its value and positioning within the market. The home’s assessed value is modest and sits around the average for the Fort Richmond area, suggesting a potentially accessible entry point into this established neighbourhood. It suits first-time buyers or downsizers looking for a manageable, single-level layout without a large property to maintain. A thoughtful perspective is that while the home is below average in size and value for its specific street, it represents a more typical offering for the wider city, making it a sensible choice for those prioritizing neighbourhood over having the largest house on the block. Its renovated basement also offers flexibility for a home office, family room, or rental potential.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,273 sqft, this home is smaller than the average on Radcliffe Road but is quite close to the average living area for both the Fort Richmond neighbourhood and the city of Winnipeg as a whole.
2. What is the significance of the lot size?
The 6,440 sqft lot is a standout feature. It is larger than the average city-wide lot, offering more outdoor space than many comparable properties, which is a valuable asset for gardening, recreation, or future expansion.
3. Has the home been updated?
The listing confirms the basement has been renovated. Prospective buyers should inquire about the scope and quality of this renovation, as well as the condition and age of major systems (roof, HVAC, windows) in the main house, which was built in 1970.
4. What is the recent sales activity for this property?
Public data indicates the home sold between $40.50k and $43.50k in October 2024. For the exact sale price, you can request the information directly via the listing service.
5. How does the assessed value relate to market price?
The assessed value is $41.20k for municipal tax purposes. Market price is determined by current conditions and buyer competition. The recent sale in late 2024 provides a concrete, up-to-date benchmark for its market value at that time.