Property Overview
This one-storey home at 66 Ryerson Avenue in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1973, the house features 1,284 sqft of living space, a renovated basement, and an attached garage. The lot is a notable 6,376 sqft, which is above average citywide. Recent data shows a sold price in late 2024 and a current assessed value of $39,200.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its balance of space and location. The renovated basement adds functional living area, while the above-average city lot size offers valuable outdoor space and potential. As a one-storey design, it provides accessible, easy-living layout. Its assessed value is positioned below average for its immediate street, which could indicate a value proposition relative to neighbours, though this may also reflect the home’s specific condition or features.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood. The generous lot is a key asset for those who prioritize private outdoor space over a larger interior footprint. It’s a pragmatic choice for a buyer comfortable with a home from the 1970s, who sees potential in the existing renovations and the substantial land parcel.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value for the street mean?
It means the home’s official assessed value is lower than most on Ryerson Avenue. This can sometimes suggest a more affordable entry point into the street, but it’s wise to understand if this relates to house size, condition, or specific features not captured in the basic metrics.
2. Is the lot size usable, or is it an unusual shape?
At over 6,300 sqft, the lot is a significant asset. It’s above the city average, but it’s noted as below average for the street itself. It would be important to view the property to assess its layout, topography, and how the yard space is configured.
3. What are the implications of a "renovated basement"?
This adds liveable space but requires clarification on the scope, quality, and permits of the renovation. It’s a positive feature, but understanding the finish, ceiling height, and moisture control is essential.
4. How does the 1973 build year affect the home?
Built in 1973, major components like the roof, windows, and mechanical systems (furnace, electrical) are likely at or beyond their typical service life. A thorough inspection is crucial to budget for potential updates, though the systems may have been replaced over time.
5. Who provides the exact sold price history, and why isn't it public?
The exact sale price is available by request from the listing source. Sold price data is not always publicly disseminated in Manitoba; this service provides verified figures directly to interested parties without requiring them to navigate multiple platforms.