Property Overview: 647 Pasadena Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, a detached garage, and the notable addition of a private pool—a rare find for the area. With 1,204 sqft of living space, the home sits around the average for the neighbourhood, but it stands out with its above-average 7,560 sqft lot, offering significant outdoor space and potential.
The appeal lies in its balanced offering of updated living space and generous land. The pool transforms the sizable yard into a private retreat, while the home’s assessed value ranks consistently above average for its street, neighbourhood, and city-wide, suggesting a well-regarded property. Built in 1969, it is slightly newer than many immediate neighbours, which may translate to fewer immediate major upkeep concerns compared to older peers.
This property would suit buyers looking for a move-in ready home with established character and outdoor amenities. It’s ideal for a family seeking space for children to play and summer recreation, or for someone who values gardening and outdoor entertaining. The single-storey layout also makes it a strong candidate for those planning for long-term accessibility.
Frequently Asked Questions
1. How does the lot size compare to typical city lots?
The 7,560 sqft lot is substantially larger than the Winnipeg city average of approximately 6,570 sqft, placing it in the top 13% city-wide. This means more privacy, yard space, and potential for additions or landscaping than most homes offer.
2. The home sold recently in 2024. What does that price indicate?
The sold price range placed it in the top 15-22% compared to peers, reflecting a strong market valuation. This recent sale provides a clear, current benchmark for the property’s market worth.
3. Is the above-average assessed value a benefit or a drawback?
It’s a double-edged sword. It indicates the property is valued highly by the assessment authority, which often correlates with desirability and condition. However, it typically results in a proportionally higher property tax bill than a home with a below-average assessment.
4. What might the "renovated basement" entail?
While specifics aren’t listed, a renovated basement in a home of this era often means updated finishes, improved moisture control, and the creation of a functional living space such as a family room, office, or additional bedrooms. Verification of the renovation quality and permits would be advisable.
5. Are there any considerations with a pool in Winnipeg’s climate?
A pool is a luxury amenity but requires specific consideration. Buyers should budget for seasonal opening and closing, ongoing maintenance, and higher utility costs during the summer months. Its presence significantly enhances summer livability but has a defined seasonal use.