Property Summary: 35 Mcmasters Road, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-situated, one-storey home in Fort Richmond, built in 1965. With 1,223 sqft of living space and a recently renovated basement, it offers practical, single-level living. The property stands out for its generous 6,818 sqft lot, which is notably larger than the city-wide average, providing ample outdoor space and potential. A detached garage adds functional storage or workshop space.

Its primary appeal lies in its established neighbourhood and strong value proposition. The home’s assessed value ranks highly compared to others on its street, suggesting it is a premium property within its immediate locale. It suits first-time buyers looking for a manageable home with room to grow, or downsizers seeking a bungalow layout without sacrificing yard space. The renovated basement adds immediate livable square footage, making it a turnkey option for those wanting to avoid major projects. A less obvious angle is its appeal to value-conscious buyers who prioritize land size—a asset that’s increasingly scarce—over a larger interior footprint.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to the area?
The assessed value is above average for Mcmasters Road itself, but sits around the average for the broader Fort Richmond neighbourhood. This can indicate a well-maintained or updated property on a street with a mix of values.

2. What does the lot size mean for me?
At nearly 7,000 sqft, the lot is significantly larger than many city lots. This offers more privacy, gardening space, play area for children, or future expansion potential (subject to zoning and permits).

3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official main-floor living area calculation (1,223 sqft). The renovation adds extra, functional space but is considered separately.

4. The home is almost 60 years old. What should I consider?
While the basement has been renovated, a home of this age will have original major systems, like plumbing, electrical, and the roof. A thorough inspection is essential to understand the condition and plan for future updates.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. For the precise sale price, you must request it directly from the source via the email link provided on the listing page.