Property Overview: 70 Fitzpatrick Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 70 Fitzpatrick Road presents a compelling mix of modern convenience and established neighbourhood character. Built in 2007, it is a notably newer construction compared to most homes in the Worthington area, which typically date back to the 1960s. This is a primary advantage, suggesting updated building standards, less immediate need for major repairs, and more contemporary layouts.

With 1,244 sqft of living space, the home offers above-average roominess for the immediate neighbourhood, providing comfortable space for a small family or couple. The assessed value of $402k sits well above the local average, reflecting its newer build and desirable attributes within the community. It's important to note that the lot size is more compact than many in Winnipeg, which translates to lower exterior maintenance—a plus for those seeking a manageable yard.

The appeal lies in acquiring a relatively modern home in a mature area, offering the best of both worlds: a property that likely requires less upfront renovation work, set within a settled community with established amenities and greenery. This property would ideally suit first-time buyers or downsizers looking for a low-maintenance, move-in-ready home without venturing into far-flung new subdivisions. It also represents a solid option for pragmatic investors seeking a newer asset with potentially lower upkeep costs in a stable neighbourhood.

Section 2: Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold between $450,000 and $500,000 in October 2023. This sale price was significantly higher than its $402,000 assessed value, indicating strong market demand at the time, likely driven by its newer age and condition.

2. What does "above average" assessed value but "around average" citywide mean?
While the home's value is high for its specific street and neighbourhood, it aligns more closely with the typical Winnipeg home when compared to the entire city. This suggests you're paying a premium for its location within Worthington and its newer construction, rather than for an exceptionally large or luxurious property by broader city standards.

3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is smaller than most in the area and city. This means less space for gardening, expansions, or large outdoor gatherings. However, it also means less time and money spent on lawn care and landscaping, which can be a welcome benefit for busy professionals or those wanting to minimize upkeep.

4. How reliable is the sold price data shown?
The provided sold price is a range based on publicly available data, not the official MLS record. For the exact sale figure and a verified transaction history, you must request a manual lookup from the site via email, as noted in the data disclaimer.

5. What is the neighbourhood context for a 2007-built home?
Being built in 2007 makes this home a standout in Worthington, where most homes are decades older. This can be positive for modern infrastructure and systems. However, it's wise to consider if the architectural style and scale fit seamlessly with the older homes on the street, which can affect streetscape appeal and future value trends relative to the area.