Property Overview
605 Silverstone Avenue is a one-and-a-half storey home in Winnipeg's Fort Richmond neighbourhood, built in 1949. It features 1,146 sqft of living space, a renovated basement, and a detached garage on a 6,471 sqft lot. The home last sold in October 2020.
Key Characteristics & Appeal
This property presents a classic, grounded opportunity in a well-established area. Its key appeal lies in its balance of a generous, above-average citywide lot size with a home that is modest in scale but updated where it counts—the basement has been renovated. The detached garage adds practical utility. The assessed value is consistent with area averages, suggesting a stable, no-surprises valuation.
It’s a home that suits practical, value-oriented buyers. First-time homeowners or downsizers looking for a manageable footprint without sacrificing outdoor space will find its proportions sensible. The renovated basement offers immediate livable space, appealing to those who want move-in readiness without a full-scale project. A less obvious perspective is its potential for those who prioritize land over sheer interior size; the lot offers room for gardening, expansion, or simply more privacy than newer, denser subdivisions provide. It’s not a modern showhome, but a solid, character-filled property for buyers who see the value in established neighbourhoods and practical updates.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,146 sqft, the living area is slightly below average for the Fort Richmond area but is very close to the citywide average, making it a typically sized home for Winnipeg.
2. Is the property considered old?
Yes, built in 1949, it is notably older than most homes on its street and in Fort Richmond. This often means character and mature landscaping, but buyers should ensure systems like plumbing and electrical have been appropriately maintained or updated.
3. What is the significance of the lot size?
The 6,471 sqft lot is a standout feature, ranking above average citywide. This means more yard space than many properties in Winnipeg, which is a valuable asset for privacy, recreation, or future outdoor projects.
4. What can the sold price history tell me?
The home sold in October 2020 for between $305,000 and $335,000. For the exact price, you can request details via email from the listing source. This history provides a recent market benchmark for the property.
5. Who are the most comparable neighbours?
The most direct comparisons are the adjacent homes on Silverstone Avenue. In terms of current municipal assessed value for tax purposes, similar homes can be found in other neighbourhoods like Elmhurst, providing a broader context for its valuation.