71 Allendale Drive

Property Summary: 71 Allendale Drive, Richmond West, Winnipeg

Section 1: Overview & Appeal

This two-storey home in Richmond West is defined by its generous scale and established neighbourhood setting. Built in 1984, its key characteristic is its above-average living space of 2,113 sqft, which ranks in the top 10% for size both on its street and in the wider Winnipeg area. The property sits on a large 5,457 sqft lot and features an attached garage.

The primary appeal lies in its spaciousness relative to many other homes in the area, offering room to grow without the premium of a brand-new build. It suits buyers looking for a practical, no-fuss family home in a mature community, who prioritize interior square footage and a sizable yard over a recently constructed property. A thoughtful perspective is that while the home is 42 years old, its sold price from early 2023 closely aligns with its current assessed value, suggesting a stable and transparent market value in its segment.

Section 2: Frequently Asked Questions

1. How does the age of the home factor into its value?
While built in 1984, the home’s significant living area and lot size are strong compensating factors. Buyers should budget for potential updates common to homes of this era, but they are acquiring more space for the price compared to newer, smaller builds in the area.

2. What do the ranking percentages (e.g., "Top 92% in same street") actually mean?
These rankings compare this specific property against others. For example, its living area is in the "Top 8%" on its street, meaning it is larger than 92% of the homes on Allendale Drive. This is a key data point highlighting its standout spaciousness.

3. Is the lot size usable, or is it irregular?
At over 5,400 sqft, the lot is well above average. The shape isn't specified, but the size suggests good potential for outdoor living, gardening, or additions, subject to local bylaws.

4. How does the assessed value compare to recent sale prices?
The home sold for $40.80k in January 2023, and its current assessed value is $41.10k. This close alignment indicates the assessment is grounded in a very recent market transaction, providing a clear benchmark.

5. What is the neighbourhood like for families?
Richmond West is a mature, established neighbourhood. The provided comparable homes all show consistent property values, suggesting a stable and settled community, which often appeals to families seeking long-term consistency.