Property Summary: 632 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Buyer Appeal
This well-situated one-storey home in Fort Richmond offers a practical layout with 1,323 sqft of living space, which is notably above average for its immediate street. Its standout feature is a renovated basement, adding valuable finished space. The property sits on a 6,472 sqft lot, which is generous by city-wide standards, and includes a detached garage. Built in 1965, the home is of a typical vintage for the area.
The primary appeal lies in its strong value proposition within a mature neighbourhood. The assessed value ranks in the top quartile compared to both the local area and the entire city, suggesting a history of solid investment and above-average property worth for its class. This isn't just a standard lot; the data indicates it's a higher-performing asset on its street. It would suit practical buyers looking for a move-in-ready home with a finished basement, those who value a larger lot in a established community, and value-conscious purchasers who appreciate a property with metrics that outperform many of its peers.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
The home's assessed value is notably above average for Patricia Avenue (top 9%) and the wider Fort Richmond area (top 18%), indicating it is considered a higher-value property within its peer group.
2. Is the lot size typical for the neighbourhood?
The lot is around average for the street and Fort Richmond, but ranks above average (top 23%) when compared city-wide, offering more outdoor space than many Winnipeg homes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finishes, layout, or whether it includes a separate entrance should be verified through a viewing or direct inquiry with the listing agent.
4. How old is this home, and what might that mean for maintenance?
Built in 1965, the home is of an age where some major components (like roof, windows, plumbing, or electrical systems) may have been updated or could be due for attention. A thorough inspection is recommended.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this precise history manually via email upon request, as shown in the sold price history section.