Property Overview: 50 Radcliffe Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical and well-proportioned living space. Built in 1975, it features 1,852 sqft of living area, an attached garage, and a renovated basement. The lot is a generous 6,816 sqft, providing ample outdoor space.
The primary appeal lies in its strong positional value within its community. The home consistently ranks above average for its size, assessed value, and lot size when compared to both the immediate neighbourhood and the wider Fort Richmond area. This suggests a property that has been maintained and offers more substance than many of its peers. The renovated basement adds immediate functional living space without the need for a project.
This home would suit a buyer looking for a established, move-in ready property in a mature neighbourhood. It’s ideal for a growing family or someone who values space and a quiet street over a brand-new build. The above-average metrics indicate a sound investment for a practical buyer who appreciates a home that stands out in its local context without being extravagant.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows this home is consistently above average for Fort Richmond. Its living space is in the top 15% for the neighbourhood, and its assessed value is in the top 14%. This indicates a property that offers more space and is valued higher than most comparable homes nearby.
2. What does the sold price history tell us?
The home last sold in June 2017 for an estimated range of $375,000-$405,000. While this provides a historical anchor, the current assessed value and above-average rankings suggest market positioning has been maintained or improved since that time.
3. Is the lot size a pro or a con?
At 6,816 sqft, the lot is above the city-wide average. On Radcliffe Road itself, it is around the average size. This means you get a very good-sized yard for Winnipeg, typical for the street, offering space for recreation or gardening without being overly burdensome to maintain.
4. What are the less obvious considerations for a home from 1975?
While the basement is renovated, the core structure and main systems (like plumbing, electrical, and the roof) are now 50 years old. A thorough inspection is crucial to understand the condition and potential future investments needed, which is a common consideration for homes of this era.
5. Who are the most likely competing buyers?
Given its profile, likely competition will come from other value-conscious families or professionals seeking established character, space, and a quiet neighbourhood. It may also attract buyers comparing newer, smaller homes in outlying areas against the larger lot and established community of Fort Richmond.