Property Overview: 526 Rosseau Avenue E, Kern Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Kern Park stands out for its modern age and strong value within its immediate neighborhood. Built in 2005, it is a notably newer construction compared to most homes on its street and in the wider area. With 1,008 sqft of living space and a renovated basement, it offers comfortable, move-in-ready space. The home’s assessed value is well above average for both Rosseau Avenue and Kern Park, suggesting it is a premium property in its local context, though its lot size is more compact than area norms.
The primary appeal lies in acquiring a contemporary home without the premium typically associated with new builds, set within an established neighborhood. It perfectly suits first-time buyers or downsizers seeking single-level living with modern systems and minimal immediate upkeep. The high assessment relative to nearby homes also indicates a solid investment within the community, appealing to those looking for a property that has historically held its value well locally. The detached garage adds practical storage or workshop space.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to recent sales?
Based on available data, the home last sold between $32.5k-$35.5k in late 2021. Its current assessed value of $35.9k is above the average for the street and neighborhood, indicating its value has been sustained or grown in the local market.
2. Is the lot size a concern?
The 3,300 sqft lot is below average for the street and city. This means lower maintenance, which is a plus for many, but offers less private outdoor space. It’s a practical fit for those prioritizing home over yard.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the full usable living space.
4. Why is the assessed value so high compared to similar homes?
The assessment likely reflects the home’s significantly newer construction year (2005) compared to the neighborhood average (homes averaging from 1947), along with its renovated condition. It’s valued more for its structure and modern features than its land size.
5. What is the neighborhood like?
Located in Kern Park, it's a mature neighborhood. The home’s metrics show it sits on a street where properties are generally well-kept and hold their value, as indicated by the above-average assessments and sold prices for the area.