Property Overview & Key Characteristics

620 Townsend Avenue is a 1,277 sqft bi-level home built in 1989, situated on a 6,473 sqft lot in Winnipeg's Fort Richmond neighborhood. Its key appeal lies in its relative modernity compared to the area, as it is a newer construction than most homes on its street and in the wider community. The home features a detached garage and an unfinished basement, presenting a clean slate for future development.

This property is well-suited for first-time buyers or practical homeowners who value a more contemporary building envelope and prefer to customize their living space over time. The above-average living area for the immediate street and the larger-than-average citywide lot size offer good internal space and outdoor potential. Its assessed value is strong for the street, suggesting it is perceived as a solid asset in its micro-market. A buyer here is likely getting a home that requires little in major immediate updates but offers the project of finishing the basement to add value and suit their needs.

Frequently Asked Questions

1. How does the 1989 build year impact this home?
Being built in 1989 makes this home significantly newer than most in Fort Richmond. This often means updated building materials, electrical systems, and insulation standards compared to many area homes built in the 1960s and 70s, potentially leading to lower maintenance concerns and better energy efficiency.

2. What does "above average" assessed value on the street indicate?
The assessment being in the top 16% on Townsend Avenue suggests the municipal tax valuation views this property as one of the more valuable on its block. This can be a marker of good condition or desirable traits, but it's important to note it also translates to a proportionally higher property tax bill than many of its immediate neighbors.

3. Is the unfinished basement a drawback or an opportunity?
This depends on the buyer. It requires investment to finish, so it's not move-in ready as extra living space. However, it allows a new owner to design and build it to their exact specifications—as a rec room, rental suite, or home office—without needing to undo previous renovations, which can be a significant long-term advantage.

4. How does the lot size compare?
At 6,473 sqft, the lot is above average for Winnipeg overall, offering good outdoor space. On Townsend Avenue and in Fort Richmond, it is around the neighborhood average, meaning it fits the local character but isn't unusually large or small for the area.

5. Where can I find the exact historical sale price?
The listed sale history shows an estimated range. The exact sale price from public records is available by emailing the site directly via the "Get exact sold price history" button. They provide this data manually as a service and state they will not use contact information for unsolicited marketing.