Property Overview: 705 Townsend Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Fort Richmond presents a compelling blend of space, location, and value. Its key characteristic is its generous scale relative to the neighborhood. With 1,676 sqft of living area on an 8,059 sqft lot, the property offers significantly more interior and exterior space than most comparable homes on its street and in the wider area. This is a home for those who prioritize room to breathe and grow, whether that means a large backyard, space for a home office, or simply more square footage than typically found in its price range.

The home’s appeal lies in this above-average footprint combined with practical updates, including a renovated basement. The detached garage adds flexibility. It’s a property that stands out statistically in its immediate vicinity, ranking in the top tiers for both living and land area. A thoughtful perspective is that while the home was built in 1964, its larger lot and living space offer a foundation that many newer infill properties in the area simply cannot match, providing a different kind of value based on enduring space rather than just modern finishes.

This home would suit a buyer looking for a long-term family home in a established neighborhood, a practical downsizer who still wants ample single-level living space, or an investor/renovator who sees value in the solid structure and expansive lot. It’s for someone who measures value in square feet and potential as much as in purely contemporary style.

Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
The home is notably larger than most in the immediate area. Its living area is in the top 9% on its street and the top 23% in Fort Richmond. The lot size is also substantial, ranking in the top 9% on the street.

2. What is the significance of the assessed value?
The assessed value of $41.70k is above average for Townsend Avenue but around the middle range for the broader Fort Richmond area. It’s important to note this is a value for taxation purposes; the market sale price will be determined by current conditions, buyer demand, and the home’s specific features.

3. What can you tell me about the sale history?
Public data indicates the home sold in December 2022. For privacy and accuracy reasons, the exact sale price is not published online, but a range can be provided. The precise figure is available upon direct request.

4. Is the basement included in the living area square footage?
Typically, the listed "Living Area" (1,676 sqft) refers to above-grade, finished space. The listing separately notes a "renovated" basement, which is additional, valuable living space not included in that primary square footage figure.

5. The home was built in 1964. What should I consider?
While the home is from the 1960s, it is contemporaneous with many others on the street. The renovated basement is a positive update. A buyer should plan for a thorough inspection to understand the condition of major aging components like the roof, windows, and mechanical systems, which is standard for a home of this vintage.