Property Overview

This 4-level split home, built in 1967, sits on a large, mature lot in Fort Richmond. Its primary appeal lies in offering above-average interior space and a generous land footprint for the area, presenting a solid value proposition. The home is unrenovated, including the basement, which positions it as a strong candidate for buyers looking to add value through updates tailored to their own taste. It would suit a practical buyer—perhaps a growing family needing the room, a handy homeowner ready to tackle projects over time, or an investor looking for a property with good "bones" and land size in a stable neighbourhood. The rankings show it offers more living space than most comparable homes locally, though its age and original condition are reflected in its assessed value.

Key Details & Questions

• What is the property's main advantage? The combination of a large lot (over 6,600 sq ft) and substantial living area (1,759 sq ft) is notable. You're getting more house and more land than many in the immediate area, which is often a trade-off in established neighbourhoods.
• What does "not renovated" typically mean? It indicates the home likely retains its original layout, fixtures, and finishes from the 1960s. While mechanically sound, it presents an opportunity to modernize without undoing someone else's renovations. The basement is finished but would also require updating.
• Who might this property not suit? Buyers seeking a move-in-ready, modern home without any projects. The value here is in the potential and space, not in immediate turn-key convenience.
• How does the assessed value compare? The assessed value is on the lower end for the street and neighbourhood, which can be attractive for property taxes but often correlates with the home's original condition. It suggests room for value growth through thoughtful updates.
• What is the neighbourhood like? Fort Richmond is a mature, established area near the University of Manitoba. The provided comparable homes show consistent values and sizes, indicating a stable, in-demand community with a mix of long-time residents and younger families.