Property Overview: 217 Rossmere Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1952 on a standard-sized lot in Winnipeg's Kildonan Drive area. With 990 square feet of living space, it is notably smaller than most comparable homes in its immediate area and across the city. A key updated feature is its renovated basement, adding functional space, and it includes a detached garage.
The primary appeal lies in its value and practicality. With an assessed value significantly below the local average, it presents an accessible entry point into the market. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property with one-level living and updated essentials. A thoughtful perspective is its potential as a "value-hold" property; while smaller, it sits on a decent lot in an established neighbourhood, offering land value and the possibility for future expansion or updates as finances allow, without the premium of a larger, move-in-ready home.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. At 990 sq ft, the living area is below average for the street, neighbourhood, and city. The renovated basement provides additional usable space to offset the main floor's compact size.
2. Why is the assessed value lower than many neighbours?
The assessed value of approximately $317,000 is below the local average, likely reflecting the home's smaller square footage and age. This can mean a more affordable purchase price and property taxes.
3. What is the neighbourhood like?
Kildonan Drive is an established, mature area. The home is on a quiet crescent, and the data shows properties here are typically similar in age, offering a consistent, stable streetscape.
4. Has the property value increased?
Based on available sold price ranges, the property likely appreciated between its 2019 and 2021 sales. For exact historical sold prices, you must request the information directly via the provided email service.
5. What are the less obvious points to consider?
Consider the trade-off: you gain affordability and a renovated basement, but the main living area is compact. The detached garage is a plus for storage or a workshop but requires going outside to access. The lot size is standard, offering outdoor space but not exceptionally large. It's a practical choice for those prioritizing financial accessibility over square footage.