Property Overview: 160 Rowandale Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a quiet crescent in Kildonan Drive is a study in solid, grounded value. Built in 1958, it features a renovated basement and a detached garage on a 6,044 sqft lot. The home’s appeal lies in its balance: it offers a manageable 1,044 sqft of living space, which is below average for the immediate street but around average city-wide, suggesting a cozy, efficient layout. The standout metric is its assessed value ($41.30k), which ranks notably above average for both the street and the broader Kildonan Drive area, indicating strong perceived value relative to its peers.
This property would suit first-time buyers or downsizers looking for a lower-maintenance, single-level home in an established neighborhood. The above-average assessment on a street and in an area where home sizes are typically larger suggests the home may offer desirable updates or a premium lot position not captured by square footage alone. It’s a practical choice for someone prioritizing lot size and value retention over sheer interior space.
Section 2: Frequently Asked Questions
1. Why is the assessed value ranked so much higher than the living area size?
This often indicates that assessors have factored in desirable features not solely based on square footage, such as the renovated basement, overall condition, lot desirability, or specific upgrades that add market value.
2. How does the lot size compare to a typical Winnipeg property?
At just over 6,000 sqft, the lot is above average compared to the typical Winnipeg home, offering more outdoor space than many city-wide properties, though it is around average for the local area.
3. What might the "renovated basement" include?
While specifics aren’t listed, a renovated basement in a home of this era typically means it’s been finished into livable space, possibly including a recreation room, additional bedroom, or updated utilities, adding functional space beyond the main floor.
4. The home last sold in 2017. What does that suggest?
The seven-year ownership period suggests stability and could indicate a well-maintained property. It also means the current market price will be influenced by Winnipeg’s broader market movement since that time, not just the old sale price.
5. Is the living area too small for the neighborhood?
At 1,044 sqft, it is smaller than many homes on the street. This could be a drawback for those needing ample room but an advantage for buyers seeking a more affordable entry point into the area or a home with less space to heat and maintain.