Property Overview: 626 Townsend Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and well-situated property, built in 1963. Its key features include 1,088 sqft of living space, a renovated basement, and a detached garage on a spacious 6,473 sqft lot. The data suggests a home that balances modest interior space with a larger-than-average city-wide lot size, offering room for expansion or outdoor enjoyment.
Its primary appeal lies in its solid positioning within the local market. The assessed value is strong for its immediate street and respectable for the area, indicating a property that holds its value well in its neighbourhood context. The renovated basement adds functional living space, a significant plus for a home of this era. It would suit first-time buyers seeking an entry point into a stable community, downsizers looking for manageable single-level living without sacrificing yard space, or value-oriented investors attracted by the updated basement suite potential and the lot size.
A less obvious perspective is that this home represents a "middle-ground" option. It isn't the largest or newest on the block, but it outperforms many peers in key value metrics. This makes it a strategic choice for a buyer who prioritizes a sound investment in a known neighbourhood over chasing premium, turn-key properties.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,088 sqft, the living area is slightly below the average for both Townsend Avenue and the wider Fort Richmond area, but is close to the overall Winnipeg average. It’s a comfortably sized home for its type, with the renovated basement effectively adding to its usable space.
2. What does the assessed value ranking tell me?
The assessed value of $40,900 ranks in the top 28% on its own street, meaning it is valued higher than most direct neighbours. This often reflects desirable updates (like the basement) or favourable lot characteristics, suggesting the property is considered a strong performer in its micro-market.
3. Is the lot size a significant feature?
Yes. While the lot is around average for the street and area, it ranks in the top 23% city-wide. This means you get more outdoor space than most properties in Winnipeg, which is a valuable asset for privacy, gardening, or future projects.
4. The home was built in 1963. What should I consider?
The age is typical for the street and older than many in Fort Richmond. A thorough inspection is always recommended for homes of this era to assess the condition of major systems (roof, wiring, plumbing) and to confirm the quality and permits for the basement renovation.
5. How can I find out the exact historical sale prices?
The provided sold price history shows estimated ranges. To obtain the exact sale prices, you can use the email request feature on the listing page. The service is manual, but they aim to provide the accurate figures by the end of the same day.