Property Summary: 886 Greencrest Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and efficiently sized property. Built in 1984, it is notably newer than most homes in the neighborhood, which is a key advantage. With 1,070 sqft of living space, it feels roomier than many similar homes on its street. The renovated basement adds functional living area, a significant update for a home of this age. The lot size of 4,793 sqft is generous for the immediate area, offering good outdoor space relative to its peers.
The appeal lies in its balance and practicality. It’s a home that offers modern livability (thanks to the renovation and newer build year) within a manageable scale, avoiding the high maintenance that can come with much older or larger properties. Its assessed value is moderate for the city, suggesting a relatively accessible entry point into the Winnipeg market.
This property would suit first-time buyers looking for a move-in-ready home with updated basics, or downsizers seeking a single-level layout without compromising on yard space. It’s a sensible choice for those who prioritize a newer build and a renovated interior over having a garage or premium neighborhood rank.
Section 2: Frequently Asked Questions
1. How does the property’s size compare?
While the living area is above average for its street, it is below the average for the broader Fort Richmond area. This indicates a cozier, more efficient home footprint compared to many in the neighborhood, which may appeal to those seeking easier maintenance.
2. What does the "Elite" ranking for Year Built in Fort Richmond mean?
It means this home, built in 1984, is among the newest 4% of comparable properties in Fort Richmond. This is a standout feature, suggesting potentially fewer issues with aging infrastructure compared to the neighborhood’s typically older housing stock.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s last known sold price (2019) was below its current assessed value, which is common. Market conditions, the renovated basement, and the home’s condition will ultimately determine the sale price.
4. What are the implications of not having a garage?
The lack of a garage is a trade-off. It simplifies the property’s structure and reduces costs but requires consideration for vehicle parking and storage. The generous lot size, however, may allow for the future addition of a garage or shed, subject to local bylaws.
5. How does the lot size affect the property?
The lot is above average for the street but below average for Fort Richmond. This means you get a more substantial yard than your immediate neighbors, which is a plus, but not as large as some properties further afield in the area. It offers a good balance of usable outdoor space without excessive upkeep.