Property Overview: 82 Dalhousie Drive, Fort Richmond

Key Characteristics & Appeal

This two-storey home in Fort Richmond presents a practical and value-conscious opportunity. Built in 1978, it is notably newer than many homes in the immediate area and across Winnipeg, which can be an advantage for maintenance and system updates. The 1,188 sqft living space is very typical for the street and neighborhood, offering comfortable family-scale rooms. A key feature is the renovated basement, adding functional living space. The lot, at 3,773 sqft, is smaller than the Fort Richmond average, resulting in lower yard maintenance—a plus for some—but also less private outdoor space.

The primary appeal lies in its positioning as an affordable entry into a well-established neighborhood. Its assessed value sits below average for Fort Richmond, suggesting a potentially lower property tax burden and a price point that may attract first-time buyers or investors. It suits buyers seeking a no-fuss, functional home in a convenient south Winnipeg location without premium pricing. The renovated basement adds immediate utility, making it move-in ready for those who prioritize updated living areas over expansive lot size.

Frequently Asked Questions

1. Is the smaller lot size a significant drawback?
It depends on your lifestyle. While the yard is more compact than many in the area, it translates to less time and money spent on maintenance. It may appeal to busy professionals or those who prefer low-upkeep outdoor spaces.

2. The assessed value seems low. Does that mean it’s undervalued?
Not necessarily. Assessment is for tax purposes and is influenced by many factors, including the home's smaller lot and modest size relative to the neighborhood. It typically indicates a lower annual property tax bill, which is a tangible financial benefit.

3. How does the 1978 build year affect the home?
Being newer than many comparables is generally positive, as major components like wiring, plumbing, and insulation may be from a more modern era. However, a home of this age will still require a thorough inspection, as key systems like the roof, windows, or furnace may be nearing the end of their lifespan.

4. There’s no garage. How big of an issue is that for this area?
Many homes in older parts of Fort Richmond lack garages. On-street parking is common, but you’ll need to consider winter parking bans and your personal vehicle storage needs. The lack of a garage is often reflected in the home’s accessible price point.

5. What’s the significance of the renovated basement?
A finished basement immediately adds usable square footage for recreation, a home office, or guest space. A renovation suggests this space is modern and comfortable, removing a major project from a buyer’s to-do list and adding to the home’s functional value.