Property Overview: 71 Mapleridge Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 71 Mapleridge Avenue presents a practical and value-oriented opportunity in the Fort Richmond neighborhood. Built in 1983, it features 1,062 sqft of living space and a renovated basement, sitting on a 4,790 sqft lot. Notably, it does not include a garage or pool.
The primary appeal lies in its efficient use of space and its strong standing within its immediate locale. While its size is average city-wide, it ranks in the top 9% for living area on its own street, meaning it offers more interior space than most direct neighbors. Similarly, the lot size is well above the street average (top 9%), providing a more generous outdoor space than nearby homes. The assessed value is stable and above the street average, suggesting a solid investment relative to the micro-market.
This property would suit first-time buyers seeking an entry point into a established neighborhood, or practical downsizers looking for manageable square footage without sacrificing yard space. It’s a home for those who value neighborhood comparables and lot size over sheer interior volume, offering a relative sense of space and value on its specific block that isn't as apparent in broader area comparisons.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in Fort Richmond?
While its living area is below the Fort Richmond average, it’s significantly larger than most homes on Mapleridge Avenue itself. Your frame of reference matters: you’re getting a bigger home and lot than the immediate neighbors, but a more compact property within the wider suburb.
2. What does the sold price history indicate?
The home sold previously in 2017 and 2022. The 2022 sale price showed strong value, performing in the top 11% compared to other sales on the same street at that time, indicating a history of competitive appeal in its direct market.
3. Is the lack of a garage a major concern?
This is common for many homes on this street. Buyers should consider the feasibility of on-street parking or the potential cost of adding a garage or carport in the future, balanced against the home’s price point.
4. The home is older—what should I be aware of?
Built in 1983, it’s newer than many Winnipeg homes city-wide and notably newer than the average home in Fort Richmond (ranking in the top 6% for year built in the area). Still, a standard inspection for a home of this age is essential, with attention to the roof, windows, and major systems.
5. Where can I get the exact historical sold prices?
The exact sold prices are not published in the public record. You can request them directly via the email link provided on the listing page; the service aims to provide the accurate figures by the end of the same day.