Property Overview: 6 Greyfriars Road, Fort Richmond
Key Characteristics & Appeal
This 1968 bi-level home at 6 Greyfriars Road presents a specific and practical value proposition. Its key characteristic is its modest 804 sqft of living area, which is notably compact compared to most homes on its street and in Fort Richmond. This is balanced by a renovated basement and an above-average city-wide lot size of nearly 7,000 sqft, offering potential for outdoor space or future expansion. The home’s assessed value is significantly below average for the immediate area, suggesting a potentially accessible entry point into the neighbourhood.
The appeal lies in its efficiency and lot potential. It suits a first-time homebuyer, an investor, or a downsizer seeking a lower-maintenance property without sacrificing yard space. Its renovated basement adds functional living area, making the compact main floor more manageable. A thoughtful buyer might see the below-average specs not as drawbacks, but as a blank canvas—a chance to own a solid lot in a established neighbourhood without paying for excess square footage they may not need. It’s a home for pragmatic buyers who prioritize location and land over sheer size.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value reflects the home’s smaller living area and older age compared to others on the street. It is functionally priced for its specifications, not necessarily its location.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing or inquiry with the seller is necessary to determine the finish quality, layout, and if it includes a legal secondary suite.
3. Is there potential to expand the living space?
The above-average lot size for Winnipeg could provide room for an addition, subject to zoning bylaws and permits. The bi-level style may also allow for practical interior reconfiguration.
4. How does the lack of a garage affect daily living and value?
The property has no garage, which is a consideration for vehicle storage and winter weather. This contributes to the lower assessed value and may require budgeting for alternative parking or a future shed/ shelter.
5. The sold price history shows a range. What was the exact last sold price?
For precise historical sold prices, you must request the information directly via the provided email service on the listing page, as this data is verified and shared manually.