Property Overview
This home at 171 Rougeau Avenue in Winnipeg's Mission Gardens neighbourhood presents a practical and well-positioned offering. Built in 1990, its key appeal lies in its above-average positioning within its immediate area. The 1,132 sqft living space is notably larger than most on its street, and it sits on a 5,046 sqft lot that also exceeds local norms, offering more space than many nearby properties. With an assessed value that ranks highly on its street, it suggests a history of maintained or superior value relative to its closest peers. The home doesn't necessarily stand out in broader city-wide comparisons, but its strength is its local prominence—it offers more space and a newer build than many surrounding homes, which can translate to a sense of value and stability within a familiar community setting.
This property would suit a buyer looking for a established neighbourhood character who values getting a home that outperforms its immediate peers on key metrics like lot size and living area. It's a practical choice for someone prioritizing indoor and outdoor space over a brand-new build, and who appreciates a home that has likely held its value well within its specific local context.
Frequently Asked Questions
How does this home compare to others on the street?
Very favourably. It ranks in the top 20% on Rougeau Avenue for living area, lot size, year built, and assessed value, meaning it is larger, newer, and has a higher assessment than most of its direct neighbours.
What does the assessed value tell me?
The $37,400 assessment is for municipal tax purposes and is not a market price. However, the fact it ranks in the top 13% on its street indicates the city assesses it as more valuable than most homes around it, which can be a positive indicator of its standing in the area.
Is the 1990 build date a concern?
While not a new build, a 1990 construction is newer than the average home on its street and in the wider city. This suggests potentially fewer immediate major upkeep issues compared to much older stock, but a standard inspection for a home of this age is still essential.
The last sale was between $300k-$350k in 2019. How is that useful?
This provides a historical benchmark, showing the price point five years ago. It's a starting point for understanding market movement in the area, but current conditions and the home's updated condition will determine today's value.
The lot is larger than average for the street. What are the implications?
This is a significant plus. It offers more private outdoor space, better potential for additions or landscaping, and often contributes to a less crowded feel. It's a tangible asset that can be hard to find in established neighbourhoods.