Property Overview: 615 Townsend Avenue, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a compelling blend of space, land, and location. Its standout feature is its generous scale: at nearly 2,500 square feet of living space, it ranks in the top 1% of homes on its street and top 3% city-wide for size. This is complemented by an exceptionally large lot of approximately 13,000 square feet, which also places it in the elite tier for land area locally. While the home itself is older, built in 1948, it features a renovated basement, adding to its functional living space. A detached garage provides additional storage or workshop potential.

The appeal lies in the rare opportunity to acquire a property with this much physical space in a well-established neighborhood. It suits buyers who prioritize room to grow, garden, or simply enjoy privacy over a brand-new build. It would be ideal for a multi-generational family, a home-based professional needing separate workspace, or a buyer with a vision to further update a character home on a truly substantial parcel of land. The assessed value is above average for the area, reflecting these premium attributes of size and lot.

Section 2: Frequently Asked Questions

1. What does the "Elite" ranking for living and land area actually mean?
It means this property is directly compared to all other similar homes in Winnipeg. For living area, it is larger than 99% of homes on its street and 97% of homes city-wide. For land area, it outperforms 99% of its street peers and 97% of city-wide peers.

2. The home was built in 1948. What should I consider?
While the basement is noted as renovated, an older home will likely have older major systems (like plumbing, electrical, and the roof). A thorough inspection is essential to understand the condition and any needed updates, balancing the classic layout and generous space with potential maintenance.

3. The sold price history shows a range from 2020. Why isn't the exact price listed?
Exact sale prices in Manitoba are not publicly available in online databases. The provided range is an estimate based on public data. You can request the precise historical sale price from the site via email, which they provide manually.

4. The assessed value is listed as $46.70k. Is that the market value?
No. This is the municipal property assessment for tax purposes, not the market value or listing price. Market value is determined by current sale prices of similar homes. The key takeaway is that this assessment is above average for Fort Richmond, indicating the city recognizes the value of its large lot and living space.

5. Who would this property not suit as well?
It may not suit buyers seeking a modern, low-maintenance, or energy-efficient new build without renovation projects. The size of the home and lot also implies higher utility and maintenance costs (e.g., heating, landscaping) compared to an average-sized property.