Property Overview
67 Valence Avenue is a well-proportioned 4-level split home in Fort Richmond, built in 1975. With 2,103 sqft of living space, it sits on a 6,600 sqft lot and features a renovated basement, a pool, and a detached garage. Its assessed value is $470,000.
Key Features & Buyer Profile
This home’s primary appeal lies in its above-average size and established location. The living area is notably spacious, ranking in the top 7-8% compared to homes on its street, in the neighbourhood, and across Winnipeg. This extra space, combined with a renovated basement and the luxury of a private pool, makes it a standout in its category. The detached garage adds practical utility.
The property would suit buyers looking for a move-in-ready family home in a mature neighbourhood who value indoor and outdoor living space. It’s particularly well-matched for those who want more square footage than is typical for the area without moving to a newer suburb. The pool is a significant asset for family entertainment during Winnipeg’s short summer, though it also represents a specific maintenance consideration. The home’s consistent above-average rankings in size and value suggest it is a solid, enduring property in its community rather than a fixer-upper or a speculative project.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in late 2023 for an estimated range of $425,000-$455,000. The current assessed value of $470,000 is slightly higher, which is common as assessments aim to reflect market value over time.
2. What does the "top percentage" ranking mean for the living area?
It means this home's living space is larger than most comparable properties. For example, ranking in the "Top 7%" on its street indicates that 93% of similar homes on Valence Avenue have less living area.
3. Is the pool a common feature for homes in this area and price range?
No, a private pool is not a standard feature. It is a valuable amenity that adds to the property's appeal for the right buyer but is relatively uncommon in this neighbourhood.
4. The home is over 50 years old. What should I consider?
While the basement has been renovated, a pre-purchase inspection is essential to review the condition of major systems (roof, plumbing, electrical, foundation) common to homes of this era, as well as the specific maintenance of the pool and detached garage.
5. How does the lot size compare?
At 6,600 sqft, the lot is very close to the average for the street and city-wide. It provides a standard suburban yard space, with the pool likely being the dominant outdoor feature.