Property Overview: 90 Mossdale Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1955, offering a practical and comfortable living space in the Kildonan Drive area. With 1,100 sqft of living area and a renovated basement, it provides functional space for a small family, downsizers, or a first-time buyer. A key strength is its above-average assessed value for the immediate neighborhood, suggesting the property is in good condition or has features that set it apart locally. The detached garage and a land area just under 5,700 sqft offer typical suburban utility and space for gardening or outdoor activities.
The appeal lies in its established, stable neighborhood context. The home's metrics—from size to year built—consistently rank as "around average" when compared to the city and its own street, indicating a property that is neither an outlier nor a fixer-upper, but a solid, representative home in the area. It would suit a buyer looking for a move-in-ready character home without the premium of a newly built property, or an investor seeking a stable rental in a mature community. A thoughtful perspective is that its consistent "average" rankings across most categories signal predictability and lower risk, as the home is unlikely to have unexpected issues or premiums associated with highly unique properties.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold in November 2020 for an estimated range of $34.5k to $37.5k. The current assessed value is $40.5k, which is higher, indicating a likely increase in market value or improvements made since the last sale.
2. Is the living space sufficient for a growing family?
At 1,100 sqft, the living area is slightly below the average for the local area. It would comfortably suit a small family, couples, or individuals. Families needing multiple large bedrooms or extensive common areas may find it cozy.
3. What does "above average" assessed value for the street mean?
While the home's size and lot are typical for Mossdale Avenue, its assessed value is in the top 16% on the street. This often reflects above-average updates, finishes, or overall condition compared to its immediate neighbors.
4. What are the implications of a renovated basement?
A renovated basement adds functional living space, which could be used as a family room, home office, or additional bedrooms. It's a significant value-add, especially in a one-storey home, as it increases the usable square footage beyond the main floor.
5. How does the age of the home (1955) affect maintenance?
Built in the mid-1950s, the home will likely have standard maintenance considerations for its era, such as the potential for original plumbing or electrical components. However, its age is typical for the neighborhood, and the renovated basement suggests some updates have been made. A thorough inspection is always recommended.