Property Overview & Key Characteristics
168 Rowandale Crescent is a classic one-storey home with a renovated basement and a detached garage, built in 1958. Its key appeal lies in its balance of a generous, above-average city-wide lot size (over 6,000 sq ft) and a modest, efficiently sized living space (just over 1,000 sq ft). This creates a low-maintenance interior paired with significant outdoor potential. The home’s assessed value is positioned around the city-wide average, suggesting a stable, mid-market investment.
The property would suit first-time buyers or downsizers looking for a manageable home without sacrificing yard space in the established Kildonan Drive area. Its below-average square footage for the immediate street and neighborhood means it may offer a more accessible entry point into the area. A thoughtful buyer might see value in the renovated basement as flexible living space and recognize the lot as a long-term asset for gardening, expansion, or simply enjoying more privacy than newer subdivisions typically offer.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is below average for both Rowandale Crescent and the broader Kildonan Drive neighborhood, but is close to the Winnipeg city-wide average. This indicates a more compact, efficient layout compared to its immediate neighbors.
2. What is the property’s value proposition?
The value appears grounded in its land. While the house itself is modest in size, the lot is larger than most across Winnipeg. This positions it as a property where the land is a significant component of its worth, offering potential for outdoor use or future appreciation.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($35.4k as listed, though this figure seems anomalously low and may be a data error; a city-wide average of $390k is noted) is a municipal tool for calculating taxes, not a market appraisal. Always rely on a current comparative market analysis from a real estate professional for pricing.
4. What is the history of sales for this home?
Public records indicate a sale in May 2019. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.
5. What are the less obvious considerations for this property?
Built in 1958, the home’s major systems (roof, plumbing, electrical, foundation) may be original or have varying update histories, which is a key due diligence point. Additionally, while the basement is renovated, its suitability as a legal suite or its compliance with current building codes should be verified. The detached garage offers utility but may require consideration for vehicle access and parking layout.