Property Overview: 327 Rougeau Avenue, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 880 sqft bungalow, built in 1976 on a 2,988 sqft lot, presents a practical and affordable entry point into Winnipeg’s Mission Gardens neighborhood. Its key appeal lies in its value positioning: with an assessed value of $287k, it sits notably below the neighborhood ($373.4k) and city-wide ($390.1k) averages for similar homes. This creates an opportunity for cost-conscious buyers to access a stable area without the premium price tag.
The home’s living space is compact, ranking below average for its street, neighborhood, and city, which suggests a efficient, low-maintenance footprint. The lot size is also smaller than most in the area. This isn’t a sprawling property, but rather a focused one. It would suit first-time homebuyers, downsizers, or investors seeking a manageable property with lower carrying costs. Its age and size indicate that value may be found in its land and location rather than in extensive existing finishes, appealing to those with renovation vision or who prioritize simplicity over square footage. A thoughtful perspective is that its below-average metrics across the board are precisely what make it accessible, offering a trade-off of space for financial flexibility in a well-established community.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $287k is below the Mission Gardens neighborhood average. Nearby comparable listings show a range, with some similar-sized homes assessed higher and some lower, indicating this price reflects its specific characteristics.
2. Is the living area suitable for a family?
At 880 sqft, the living area is below the local averages. It would likely suit a small family, a couple, or a single individual more comfortably than a larger household, unless additions or renovations are considered.
3. What does the year built (1976) imply for maintenance?
Built in the mid-1970s, the home is around the average age for its street. Buyers should budget for potential updates to major systems like roofing, windows, or plumbing that are typical for homes of this era, while also appreciating the established nature of the structure and neighborhood.
4. Why is the lot size smaller than others in Mission Gardens?
The lot is 2,988 sqft, which is below average for the area. This means less exterior maintenance and yard work, but also less space for expansions, decks, or extensive gardening compared to neighboring properties.
5. How can I get verified sale history for this property?
The public data does not show a detailed transaction history. You can request exact sold price figures and a full history by emailing the site directly; they will perform a manual lookup and provide the information at no cost.