Property Overview
59 Mapleridge Avenue is a compact, renovated bi-level home in Winnipeg's Fort Richmond neighborhood. Its key appeal lies in being a modernized, low-maintenance entry point into homeownership. The home is notably smaller than most in the area at 680 sqft, but it features a renovated basement, contributing to its usable space. Built in 1984, it is newer than the vast majority of homes in its immediate area and across the city, which is a significant advantage for systems and upkeep. The assessed value is modest, especially compared to the neighborhood and street averages, suggesting a relatively lower property tax burden.
This property would suit first-time buyers, downsizers, or investors seeking an affordable, turn-key property with modern basics already addressed. Its size and scale make it manageable, while its age offers more contemporary construction than many alternatives. A thoughtful perspective is that while the lot is smaller than the Fort Richmond average, it is proportionate to the home's size, reducing yard work without sacrificing private outdoor space.
Frequently Asked Questions
1. How does the home's size impact livability?
At 680 sqft of living area, it is a compact home. The renovated basement effectively doubles the functional space, making it efficient for individuals, couples, or those comfortable with a cozy footprint.
2. Why is the assessed value significantly lower than the city-wide average?
The assessed value reflects the home's smaller size and modest scale relative to many Winnipeg properties. It is more aligned with values on its own street and in Fort Richmond, which can translate to lower annual property taxes.
3. What are the advantages of the 1984 build year?
Being built in 1984 means major components like wiring, plumbing, and insulation are likely more modern and efficient than those in the many pre-1970s homes common in Winnipeg. This can mean fewer immediate concerns about outdated systems.
4. Is there potential for future expansion or adding a garage?
The lot size is average for the street but below the neighborhood average. Any significant expansion or addition of a detached garage would require careful review of lot coverage and setback bylaws with the city.
5. What is the parking situation without a garage?
The listing indicates no garage. Buyers should verify on-site parking options, such as a dedicated driveway or pad, which is common for homes of this style in the area.