Property Overview: 624 Townsend Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This bi-level home at 624 Townsend Avenue is a solid, grounded property in Winnipeg's Fort Richmond neighborhood. Built in 1964, it offers 1,202 sqft of living space and sits on a 6,473 sqft lot, which is notably above average in size compared to the wider city. A key feature is its renovated basement, adding functional living space, and it includes a detached garage. The home's assessed value ranks above average for its immediate street, suggesting it is well-positioned within its specific locale.
Its appeal lies in its practicality and established setting. The lot size offers valuable outdoor space that is becoming less common citywide, while the renovated basement provides immediate utility without the need for a major project. It suits first-time buyers looking for a move-in-ready home with room to grow, or downsizers seeking a manageable property with a good yard and no condo fees. A thoughtful perspective is that while the home is older, its above-average ranking for assessed value on the street indicates it may have been maintained or updated in ways that are recognized in its valuation, offering a sense of stability.
Frequently Asked Questions
1. How does this home compare in size to others in the area?
At 1,202 sqft, the living area is very close to the average for both Townsend Avenue and the broader Fort Richmond area, making it a typical-sized home for this community.
2. Is the lot size a significant feature?
Yes. While the lot is around average for the street and neighborhood, it ranks in the top 23% citywide. This means you get more outdoor space than is typical for many Winnipeg homes, which is a valuable asset.
3. The home was built in 1964. What should I consider?
The age is typical for the street but is older than many homes in Fort Richmond overall. A thorough inspection is advised to understand the condition of major systems (roof, wiring, plumbing) and to confirm the scope and quality of the basement renovation.
4. What does the "above average" assessed value for the street mean?
It means this property's official assessed value is higher than most of its direct neighbors on Townsend Avenue. This can sometimes reflect updates, a preferable lot, or overall condition, but it does not directly predict the final sale price.
5. Is there a history of recent sales for this property?
Public data indicates a sale occurred in July 2016. For the exact sale price from that transaction, you can request the information via email from the listing source.