Property Overview & Key Characteristics
This well-situated one-storey home in Richmond West offers a practical and comfortable living arrangement. Built in 2003, it sits on a notably large lot that ranks in the top 2% for size on its street, providing ample outdoor space. The home features 1,427 sqft of living area, an attached garage, and a renovated basement. Its assessed value is strong relative to the area, ranking in the top 20% of the neighbourhood.
The appeal lies in its established, low-maintenance layout combined with the valuable asset of a large yard in a mature setting. It suits first-time buyers looking for a move-in-ready home with room to grow outdoors, or downsizers seeking single-level living without sacrificing private outdoor space. A less obvious advantage is its "newer build" status for the street—ranking in the top 8% by year built—which suggests modern construction standards among older surrounding homes, potentially meaning fewer major upkeep concerns in the near term.
Frequently Asked Questions
1. How does the lot size compare to others in Winnipeg?
The 7,797 sqft lot is substantial, ranking in the top 12% of all residential properties in Winnipeg for land area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent.
3. Is the neighbourhood family-friendly?
Richmond West is an established neighbourhood with a mix of home ages. The large lot sizes on this street and the presence of newer builds like this one (2003) often attract families.
4. How does this home's value compare to similar nearby properties?
Its assessed value of $53.40k is competitive and ranks highly for the street and neighbourhood. The "Similar assessed value" list shows comparable valuations in other mature Winnipeg neighbourhoods like Elmhurst and Varsity View.
5. What are the property taxes?
The annual property tax is not listed but can be estimated using the City of Winnipeg's tax rate and the provided assessed value of $53,400.