Property Summary: 607 Silverstone Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers solid, move-in-ready fundamentals. Its key characteristic is balance: with 1,240 sqft of living space, a renovated basement, and a 6,471 sqft lot, it sits consistently around or above average for its immediate street and neighborhood in most metrics. The renovated basement adds functional living space, while the detached garage and generous lot size provide practical utility and outdoor potential.
The appeal lies in its established, no-surprises profile within a mature community. For a home built in 1966, its assessed value is competitive, positioning it as a practical entry into the market. It would suit first-time buyers or downsizers seeking a manageable single-level layout without a major renovation project. A thoughtful perspective is that while the home isn't a standout in any single category city-wide, its strength is its consistency—it avoids the extremes of being the smallest, oldest, or most expensive on the block, offering stability and predictability in a desirable area.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows it is very representative of Silverstone Avenue. Its living area, assessed value, year built, and lot size all rank solidly in the middle of the 48 comparable properties on the same street, indicating it's a typical home for the area.
2. What is the likely price range based on recent sales?
A nearby, very similar property at 609 Silverstone Avenue sold in June 2021 for between $375,000 and $405,000. This provides a relevant benchmark, though market conditions have likely evolved since.
3. Is the lot size a advantage?
Yes. While average for the street and neighborhood, the lot size of 6,471 sqft ranks in the top 23% city-wide. This means you get more outdoor space than most Winnipeg homes, which is a valuable and less replaceable asset than interior square footage.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand the finish quality, layout, and if it includes a legal secondary suite or additional bedrooms.
5. Are there any obvious red flags from the public data?
The public data doesn't show major red flags, but two points for due diligence are: the home's age (60 years) means attention should be paid to core systems like plumbing, electrical, and the roof; and its assessed value is slightly above the neighborhood average, so verifying current market value through a professional appraisal is recommended.