Property Overview: 672 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-established, one-storey home on a generous lot in the Fort Richmond neighbourhood. Built in 1965, its key feature is a recently renovated basement, adding valuable finished living space to the 1,010 sqft main floor. The property includes a detached garage and sits on a large 7,537 sqft lot, which is notably above average for both the neighbourhood and the city, offering significant outdoor potential.
Its primary appeal lies in its balance of a solid, updated foundation within a mature community. The renovated basement suggests a turn-key lower level, ideal for a growing family, a home office, or a recreational space. The lot size is a standout, providing room for gardening, play, or future expansion. While the living area is modest compared to some neighbours, the total usable space is enhanced by the basement. This home would suit first-time buyers seeking a manageable footprint with room to grow, downsizers looking for a single-level layout with a low-maintenance exterior, or value-oriented buyers who prioritize land size and functional updates over a larger or newer house.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The home’s main living area is somewhat smaller than many in Fort Richmond, but the renovated basement adds significant functional space. The land size, however, is a major asset, ranking in the top 22% of the neighbourhood.
2. What is the significance of the assessed value?
The assessed value is around the neighbourhood average. It’s important to note this is for municipal tax purposes and is not a market valuation; the final sale price is determined by current market conditions.
3. What can you tell me about the sale history?
The home sold previously in 2016 and 2020. Exact sale prices are not publicly listed, but the provided ranges can be requested directly from the listing source for precise historical comparison.
4. Is the detached garage a standard feature?
In this area and for homes of this era, a detached garage is common. It offers flexibility but may be a consideration for those seeking attached parking, especially in winter.
5. What are the less obvious pros and cons of a 1960s build?
Pros include mature trees and established neighbourhood character. Cons to investigate are the age of major systems (like roof, plumbing, and wiring) which may be original or partially updated, even with a renovated basement.