Property Overview
This one-storey home at 121 Rowandale Crescent in Winnipeg's Kildonan Drive area presents a practical and grounded opportunity. Built in 1958, it features 1,205 sqft of living space, a renovated basement, and a detached garage on a 6,045 sqft lot. Its assessed value is $37.70k. The home's metrics consistently place it around the average for its immediate street, neighborhood, and city, indicating it is a typical, no-surprises property for the area. A key point of appeal is its above-average citywide ranking for land area (Top 30%), suggesting a more generous lot than many Winnipeg homes. The property last sold in October 2022 for an estimated $38.50k–$41.50k.
Key Characteristics & Appeal
The primary appeal of this home lies in its modesty and stability. It is not an outlier in size, value, or age, which can be attractive for buyers seeking an affordable, predictable entry into the market without the premium or risks associated with more unique properties. The renovated basement adds functional living space, while the detached garage and sizable lot offer practical utility and outdoor potential. Its "around average" status across most metrics suggests a home that is comfortably in line with community norms, potentially simplifying financing and insurance processes.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighborhood. It’s also a sensible fit for value-focused investors or homeowners who prioritize land size over a newer build, seeing potential in the lot itself. A less obvious perspective is that a home so squarely in the statistical middle of its surroundings can offer a clearer, less speculative understanding of its worth, providing a sense of security for those wary of market volatility.
Frequently Asked Questions
1. What does "around average" for most metrics actually mean for a buyer?
It means the home is typical for its area in terms of size, value, and age. This can be positive, as it suggests the home is unlikely to be overpriced relative to its neighbors and may hold its value in line with local market trends.
2. The assessed value is listed as $37.70k, but the last sold price range is higher. Why the discrepancy?
Municipal assessed value for tax purposes is often different from market value. The 2022 sale price is a better indicator of its recent market worth. The assessment is an administrative figure, not an appraisal.
3. The lot is ranked in the Top 30% citywide for land area. Is that significant?
Yes. While the house itself is average in size, the lot is larger than most in Winnipeg. This is a key asset, offering more private outdoor space, potential for additions, gardening, or simply a less crowded feel.
4. What are the implications of the home being built in 1958?
Buyers should budget for maintenance and updates consistent with a home of this age. While the basement is noted as renovated, other major systems (roof, plumbing, electrical) may need inspection to determine their condition and remaining lifespan.
5. How current is the price history provided?
The last recorded sale was in October 2022. For the most accurate, up-to-date sold price information, you must request it directly via the provided email service, as the public data may be incomplete or estimated.