Property Overview

This 4-level split home at 86 Ryerson Avenue in Fort Richmond presents a practical and spacious option in a well-established Winnipeg neighbourhood. Built in 1973, the house stands out on its street as one of the newest constructions. Its key appeal lies in its generous proportions, offering 1,777 sqft of living space and a 7,447 sqft lot, both of which rank well above average for the immediate area and the wider city. The home features a renovated basement and a detached garage.

The property suits buyers looking for ample indoor and outdoor space without a premium price tag, as its assessed value is around the average for the neighbourhood. It’s ideal for a growing family that values room to expand, or for someone seeking a home with established landscaping and a mature community feel. A thoughtful perspective is that while the home is newer than most on its block, buyers should be prepared for the maintenance and update projects typical of a 50-year-old house, balanced by the potential of its larger-than-average lot.

Frequently Asked Questions

What does the "Top 10%" ranking for living area mean?
It means this home's interior square footage is larger than 90% of the comparable homes on Ryerson Avenue, making it notably more spacious than its immediate neighbours.

Is the assessed value the same as the market price?
No. The assessed value (listed as $40.20k here, which is likely a truncated figure) is for municipal tax purposes. The recent sold price history shows a range between $38.50k and $41.50k in early 2023, which is a better indicator of market value at that time.

What are the considerations with a 4-level split layout?
This style offers good separation of living spaces and can be energy-efficient. However, the multiple short flights of stairs may not suit those with mobility concerns or a preference for single-level living.

The home is "newer" on the street. Is that a significant advantage?
While being built in 1973 makes it newer than most on its block, it still requires a standard inspection for a house of that age. The advantage may be in slightly newer core systems compared to older neighbours, but it does not equate to a modern build.

How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it by email via the button on the listing page. The service is manual, with a promise of a reply by the end of the same day and no unsolicited marketing use of your email.