Property Summary: 715 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical, no-fuss property built in 1969. With 1,121 sqft of living space and a renovated basement, it offers functional living on a single level. The detached garage provides flexible storage or workshop space. Its core appeal lies in its straightforward, manageable size and its position as a solidly average property within its immediate neighborhood and the wider city for both living area and assessed value. This creates a stable, predictable entry point into the market.
The property would suit first-time buyers, downsizers, or investors seeking a low-maintenance footprint. A thoughtful perspective is the lot size: at 5,859 sqft, it is notably smaller than most on Grierson Avenue and in Fort Richmond, which means less yard upkeep but also less private outdoor space. Conversely, this can translate to a more efficient use of land and potentially lower property taxes relative to neighbors with larger plots. The home doesn’t stand out statistically, which can be an advantage for a buyer looking for a fair-value home without premium pricing for exceptional features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is around average for both Grierson Avenue and the broader Fort Richmond neighborhood, suggesting it is priced in line with local norms rather than being an outlier.
2. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is smaller than most in the immediate area, which limits expansive gardening or large outdoor recreation space. However, it also means less maintenance and can contribute to a lower overall property assessment.
3. What does “renovated basement” typically mean for a home of this age?
While specifics should be verified, in a 1969 home this often indicates updated finishes, improved moisture control, and the conversion of original basement space into livable areas like a family room or additional bedrooms.
4. Who might this property not suit?
Buyers seeking a large yard, a modern open-concept layout, or a home that stands above average in size for the street may find this property too compact or conventional.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold prices are provided upon request via email from the listing service, which they complete manually without using your email for marketing.