Property Overview: 75 Ryerson Avenue, Fort Richmond, Winnipeg

Key Features & Buyer Profile

This well-situated one-storey home in Fort Richmond presents a compelling blend of space, location, and value. Its key characteristic is a generous 7,543 sqft lot, placing it in the top 5% for land size on its street and well above city averages. This offers significant outdoor potential, from gardening to expansion. The 1,429 sqft living area is comfortably above average for the neighbourhood, and the home benefits from a renovated basement and an attached garage.

The appeal lies in its established, quiet setting with metrics that suggest a solid and desirable property. It stands out on its street, ranking highly for assessed value, lot size, and being one of the newer homes (built 1973). This isn't just an average house in the area; its data indicates a property that is a relative standout on its block. The renovated basement adds modern, functional living space.

This home would suit a buyer looking for a spacious bungalow layout on a large, private lot without leaving the city. It’s ideal for those who value room to grow, entertain, or simply enjoy outdoor space, and who appreciate a home that compares favourably to its immediate neighbours. It’s a practical choice for small families, empty-nesters seeking single-level living, or investors attracted by the above-average fundamentals of the property.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it consistently outperforms its direct neighbours. It has a larger lot and higher assessed value than over 90% of homes on Ryerson Avenue, and it is the newest house on the street. This suggests it is a premium property within its immediate micro-market.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, the inclusion of a bathroom or kitchenette, and its current use (e.g., rec room, separate suite, bedroom).

3. Is the assessed value a reliable indicator of the likely selling price?
The $450k assessment is a strong starting point, placing the home well above area averages. However, the last known sale was between $335k-$365k in 2019. Market conditions, the interior condition, and the exact nature of the renovations will determine the final price. The assessment indicates the city views it as a high-value home for the street.

4. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (over 1/6 of an acre) could allow for future additions like a garage, workshop, or sunroom, subject to zoning bylaws. It also likely means higher maintenance (lawn care, snow clearing) but offers unparalleled potential for landscaping, gardening, or installing a play structure.

5. Why is the exact past sale price not publicly listed?
The vendor provides sold price ranges based on public data. To receive the precise sale price from their records, you must request it via email. They state this manual process is to ensure accuracy and that your email will not be used for unsolicited marketing.