612 Avila Avenue

Property Overview: 612 Avila Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This one-storey home on Avila Avenue is defined by its practical layout and significant lot size. With 884 square feet of living space, the house itself is compact, ranking below average for size both on its street and in the wider Fort Richmond neighborhood. However, it features a renovated basement, adding functional space, and sits on a 6,464 sqft lot that is notably larger than the Winnipeg citywide average. The detached garage and the home’s 1945 vintage round out its core profile.

The primary appeal lies in its efficiency and land value. It represents an entry point into the established Fort Richmond area, suited for buyers who prioritize a sizable, private yard over a large interior footprint. The renovated basement immediately adds usable living area, making it a practical choice. This property would best suit first-time buyers, downsizers, or value-focused investors looking for a manageable home with outdoor space and the potential to add value over time. A less obvious perspective is that its below-average assessed value for the area could translate into relatively lower property taxes, an ongoing financial benefit. Its age and smaller size suggest a home that is straightforward to maintain and heat, appealing to those seeking simplicity.

Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The 6,464 sqft lot is a standout feature, ranking in the top 23% citywide. It is significantly larger than the Winnipeg average of about 6,570 sqft, offering ample outdoor space uncommon for many properties at this price point.

2. Is the living area suitable for a family?
With 884 sqft plus a renovated basement, the total liveable space is functional but compact. It would best suit a small family, a couple, or an individual. The layout and how the basement is finished will be key factors in determining comfort.

3. What does the sold price history indicate?
The home sold most recently in May 2024 for an estimated $30.5k–$33.5k, and prior to that in January 2018 for $27.5k–$30.5k. This indicates a stable, modest appreciation in a relatively affordable price segment.

4. The home was built in 1945. Should I be concerned about its condition?
While the age implies that core systems (roof, wiring, plumbing) may need scrutiny or updating, the presence of a renovated basement is a positive sign of recent investment. A thorough inspection is always recommended for a home of this vintage.

5. How does this property fit within the Fort Richmond neighborhood?
In Fort Richmond, this home is below average in both size and assessed value compared to its neighbors. This positions it as one of the more accessible options in the area, offering neighborhood amenities and location at a lower entry cost, albeit in a smaller and older package.