Property Overview: 521 Rosseau Avenue E, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Kern Park is defined by its above-average living space and solid, established neighborhood standing. With 1,453 sqft of living area, it offers significantly more room than most comparable homes on its street and in the immediate area, placing it in the top 10% locally. This spaciousness is the property's primary standout feature. It sits on a standard 4,400 sqft lot and includes a detached garage. The home was built in 1952 and features a basement that is present but not renovated, indicating potential for future customization.
Its appeal lies in offering a practical, sizeable footprint in a mature neighborhood. The assessed value is consistently above average for both the street and Kern Park, suggesting stable and recognized worth. A less obvious perspective is that this home represents a "blank canvas" opportunity—its unrenovated basement and classic layout provide the next owner the freedom to update without the premium of a recently flipped property. It would suit buyers looking for value in square footage over modern finishes, such as growing families needing room, or practical investors seeking a property with good bones and the potential to add value through strategic updates.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home is notably larger than most in its immediate vicinity. Its living area ranks in the top 4% on its own street and the top 9% in the Kern Park area, making it a spacious option compared to local averages.
2. What is the significance of the assessed value?
The assessed value of $31,800 is above the average for both Rosseau Avenue E and the broader Kern Park neighborhood. This typically indicates the municipality views the property favorably compared to its peers, which can be a factor in property taxes and perceived market value.
3. Was the home recently sold?
Yes, public records indicate a sale occurred in June 2022. The exact sold price is available upon request from the listing service to ensure accuracy.
4. What does "basement not renovated" imply?
It means the basement exists and is functional, but has not been modernized or finished to current standards. This presents both a cost-saving on the purchase price and a future opportunity to renovate the space to suit the new owner's needs.
5. How does the lot size affect the property?
The 4,400 sqft lot is fairly typical for the area. It provides adequate outdoor space for a garden or recreation without the extensive maintenance of a much larger plot, striking a balance for those who want a yard but prioritize indoor living space.