Property Overview: 54 Linacre Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond presents a practical and spacious family option. Its key characteristic is its generous 1,987 sqft of living space, which places it comfortably above average for the neighbourhood and city. The home sits on a good-sized 6,926 sqft lot and features an attached garage and a renovated basement, adding valuable functional space.
The appeal lies in its established, balanced profile. It’s not the newest or largest on its street, but it offers more interior space than most comparable homes in Winnipeg, providing solid value. The renovated basement is a significant modern convenience in a home from the 1970s. Its assessed value is above average for the wider area, suggesting it is well-regarded in its market segment.
This property would best suit buyers looking for a ready-to-use, spacious family home without venturing into premium or brand-new price territory. It’s ideal for those who prioritize interior square footage and updated living areas over having the newest home on the block or the largest yard in the immediate vicinity. It represents a grounded choice for growing families or those seeking a established community in Fort Richmond.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
With 1,987 sqft, this home is in the top 20% for size on its own street and the top 10-11% within Fort Richmond and citywide, making it notably more spacious than the average Winnipeg home.
2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement in a home of this age typically means the lower level is finished as comfortable living space, adding significant functional area beyond the main floors. It’s a key update that adds immediate utility.
3. Is the assessed value a good indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessed value is above average for the city, but recent sold price history (showing a sale in the $375k-$405k range in 2017) and current market conditions are more direct indicators for potential buyers.
4. What does the lot size mean for this property?
At nearly 7,000 sqft, the lot is above average citywide. On Linacre Road itself, it’s around the typical size. This suggests ample backyard space for a city property, but not an unusually large or small yard for its immediate neighbourhood.
5. The home was built in 1970. What should I consider?
Built 56 years ago, the home is of average age for its area. This means major systems (roof, windows, plumbing, electrical) may have been updated over time or could require attention. The renovated basement is a positive sign of ongoing maintenance, but a thorough inspection is always recommended.