Property Overview: 883 Carrigan Place, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 883 Carrigan Place presents a practical and value-oriented opportunity in Winnipeg's Fort Richmond neighborhood. Built in 1984, it is a notably newer construction compared to many homes in the area and on its street, suggesting potentially fewer major age-related concerns. The home features 1,056 sqft of living space and a renovated basement, which adds functional space. A key asset is the detached garage and the above-average lot size for the immediate street (4,817 sqft), offering good outdoor space and privacy relative to nearby homes.
Its primary appeal lies in its balance and efficiency. The property sits in a solid middle ground—its living space and assessed value are consistently around the average when compared to the wider city and its immediate area. This isn't a sprawling estate, but a manageable, updated home on a good-sized lot. It would suit first-time buyers seeking a move-in-ready home with a finished basement, downsizers looking for a manageable property with a generous yard, or pragmatic investors attracted by the renovated condition and the stability of a home that aligns closely with neighborhood and city averages.
A less obvious perspective is its positional strength on Carrigan Place itself. While the lot is smaller than the Fort Richmond average, it ranks highly (Top 16%) on its own street, meaning you get more private outdoor space than most of your direct neighbors. Additionally, its above-average assessed value for the street indicates it may be perceived as a higher-quality asset within that specific micro-market.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,056 sqft, the living area is slightly above the average for Carrigan Place itself but below the average for the broader Fort Richmond area. It offers a comfortable, efficient layout that is very typical for a bi-level in Winnipeg.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and functionality of the additional space.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($40.10k) is for municipal tax purposes and is typically much lower than market value. Market value is determined by recent sales of comparable homes, buyer demand, and the current condition of the property.
4. The home sold in 2019. What can that price tell us?
The last known sold price range (2019: $32.5k - $35.5k) reflects the market conditions and property state at that time. Given the renovated basement and several years of market movement, the current listing price will be based on updated comparables.
5. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It may also provide more options for future landscaping or yard layouts compared to an attached structure.