Property Overview
43 Ryerson Avenue is a well-situated one-storey home in Fort Richmond, built in 1973. With 1,082 sqft of living space, an attached garage, and a renovated basement, it presents a practical and comfortable living option. The property stands out for its generous 7,331 sqft lot, which is notably larger than many in the area, offering valuable outdoor space and potential. Its assessed value and living area are consistently around the average for its immediate street, neighborhood, and the wider city, indicating a stable, mid-market position.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance and practicality. The living space is efficient for a one-storey layout, and the renovated basement adds functional square footage. While the house itself is statistically average in size and value for Fort Richmond, it offers two less obvious advantages: it sits on one of the larger lots on Ryerson Avenue, providing a sense of space and room for gardening or expansion, and it is the newest home built on its street, which may suggest updated core components compared to immediate neighbors.
It would suit first-time buyers or downsizers looking for a manageable, single-level home in a established neighborhood. The larger lot could also appeal to buyers with a long-term view, who value private outdoor space or see future potential beyond the current footprint.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is 7,331 sqft, which ranks in the top 18% on Ryerson Avenue and the top 14% city-wide, meaning it is significantly larger than many comparable properties.
2. Is the home older than others in the area?
No. Built in 1973, it is actually the newest home on Ryerson Avenue. It is also slightly newer than the average home in both Fort Richmond and Winnipeg overall.
3. What does the "around average" assessment mean for value?
The assessed value is consistently around the median for the street, neighborhood, and city. This suggests the property is priced in line with the market, offering neither a steep discount nor a premium, which can indicate stability.
4. Is the basement renovation a full legal suite?
The provided details state the basement is renovated but do not specify if it is a legal secondary suite. This would be a key point to verify with the listing agent or city records.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it directly via the "Get exact sold price history" feature on the listing page, and the service aims to provide it via email by the end of the same day.