Property Overview: 283 Rougeau Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 283 Rougeau Avenue in Mission Gardens is defined by its compact efficiency and relative value. Built in 1984, it is a newer construction compared to many Winnipeg homes. The primary characteristic is its modest 701 sqft living area, which is notably smaller than most comparable homes on its street, in the area, and across the city. This is balanced by a reasonably sized lot of just under 5,000 sqft, which is above average for its immediate street.
The appeal lies in its entry-level positioning and manageable scale. The assessed value is modest and aligns closely with the average for Rougeau Avenue, suggesting it is priced appropriately within its most direct market context. It represents a lower-barrier option in the Winnipeg market, potentially with a focus on lot size over interior space.
This property would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist, low-maintenance home. The larger-than-street-average lot offers a subtle advantage for outdoor space or future expansion, which is a thoughtful point for buyers willing to trade interior square footage for exterior potential.
Section 2: Frequently Asked Questions
1. Why is the living area so much smaller than nearby homes?
The data confirms this home has the smallest living area on Rougeau Avenue. This typically indicates a more compact layout, possibly a bungalow or specific design focus, making it a unique, efficiency-oriented offering in the neighbourhood.
2. Is the assessed value a reliable indicator of the market price?
The assessed value ($30,900) is a municipal calculation for tax purposes, not a market appraisal. It is around the street average but below the area average, so a market valuation would be necessary to determine the current listing or sale price.
3. What does the sold price history from 2016 tell us?
The home sold for an estimated $200k-$250k in 2016. This provides a historical benchmark, but market conditions have likely changed significantly in the years since, so it should not be used alone to gauge current value.
4. How does the year built (1984) affect the home?
Being built in 1984 means major systems like roofing, plumbing, and electrical are likely original or nearing the end of their typical lifespan. This should be a key focus for a home inspection, as updates may be needed.
5. Who would benefit most from the lot size?
At 4,994 sqft, the lot is larger than others on the street. This could benefit a buyer interested in gardening, adding a deck or shed, or someone viewing the property as a long-term hold where the land itself holds value, even if the current house is small.