78 Radcliffe Road

Property Summary: 78 Radcliffe Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Fort Richmond offers a practical and spacious layout with nearly 2,000 square feet of living space, placing it well above average for the neighbourhood and city. Its key feature is a renovated basement, adding valuable finished space. Built in 1972, the home is of a typical vintage for the area, suggesting a familiar layout with room for personal updates. The lot size is slightly more compact than others on Radcliffe Road but remains generous by wider city standards.

The primary appeal lies in its efficient use of space and location. It provides significantly more interior room than many comparable homes, which is a major advantage for growing families or those who value spaciousness over a vast yard. The renovated basement adds immediate functionality, whether for recreation, a home office, or guest space. It suits buyers looking for a move-in ready home with ample room in a established neighbourhood, without the premium often attached to newer builds. A thoughtful perspective is that this property represents a "value-in" opportunity: you're acquiring above-average living area in a stable area, where future investment can be directed toward personalization rather than essential expansion.

Section 2: Frequently Asked Questions

1. Is the assessed value an accurate reflection of the likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. The recent sold price history suggests the market value is moderately higher, which is standard. For precise pricing, consult a current market evaluation.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, the inclusion of a bathroom or kitchenette, and moisture control measures.

3. There's no garage. How is parking and storage?
The property has no garage. Consider the driveway capacity for vehicles and assess the basement and home layout for adequate storage solutions. On-street parking availability in the area should also be verified.

4. The lot is smaller than others on the street. Is this a concern?
While the lot is below average for Radcliffe Road, it is still above average city-wide. This may mean a more manageable yard with less maintenance, while still offering private outdoor space. The trade-off is more interior space for slightly less land.

5. As a home from the 1970s, what major systems might need attention?
While the basement is updated, prospective buyers should have essential aging components inspected, such as the roof, original windows, plumbing, electrical systems, and the heating/air conditioning unit, to budget for any potential updates.