Property Overview: 669 Silverstone Avenue, Fort Richmond, Winnipeg

Key Characteristics & Buyer Appeal

This bi-level home at 669 Silverstone Avenue presents a compelling mix of modern convenience and solid value within Winnipeg's Fort Richmond neighborhood. Its key characteristic is its relative newness; built in 2014, it is a significantly newer construction than most homes on its street and in the wider area, suggesting contemporary building standards and less immediate need for major updates. The home features a renovated basement and a detached garage, with a living space of approximately 1,193 sq ft situated on a well-sized 6,472 sq ft lot.

The appeal lies in its strong positional value. While the living space is average for the area, the property's assessed value ranks well above average for its street, neighborhood, and city-wide, indicating it is viewed as a premium property within its peer group. This creates an interesting dynamic: you get a modern, low-maintenance structure on a good-sized lot in an established community. It would particularly suit practical buyers seeking a home that's "moved-in ready" without the character or potential upkeep of an older property, as well as value-conscious buyers who appreciate the statistical advantage of a newer home in a mature area. A thoughtful perspective is that this property offers the space and feel of a traditional neighborhood without the typical age-related surprises, appealing to those who want stability but not a renovation project.

Frequently Asked Questions

1. Why is the assessed value so much higher than the last sold price in 2020?
The assessed value is a current valuation for tax purposes, reflecting market trends and property improvements. The sold price from 2020 is a historical figure and does not represent the home's current market value, which has likely appreciated significantly in the intervening years.

2. What does "bi-level" mean for this home's layout?
A bi-level typically features an entryway set between two main living levels. You walk in to a foyer, with stairs leading up to the main living areas (kitchen, living room, bedrooms) and stairs leading down to a lower level that is partially above ground, often containing additional living space, the renovated basement, and access to the garage.

3. How does the lot size compare, and what are the implications?
At 6,472 sq ft, the lot is above average for the city and on the larger side for its immediate street. This provides more private outdoor space than many newer subdivisions offer, which is a notable perk for a home of this age, allowing room for gardening, play, or entertaining.

4. The home is newer, but what about the neighborhood's age and amenities?
Fort Richmond is a long-established neighborhood near the University of Manitoba, meaning mature trees, settled infrastructure, and convenient access to shops, services, and transit. This property offers the benefit of a new build within the context of a mature, convenient community.

5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed in detail due to data licensing. You can request the precise sale history by emailing the listing provider through the "Get exact sold price history" button on the detail page. They provide this information manually without using your email for unsolicited marketing.