Property Overview: 424 Rougeau Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 900 sqft bungalow, built in 1976, sits on a 3,939 sqft lot in the Mission Gardens neighbourhood. Its key appeal lies in its position as a solid, average-sized home within its immediate streetscape, offering a sense of consistency and predictability for the area. The home last sold between $250k-$300k in 2021.
The data reveals a property that is very much in line with its direct neighbours on Rougeau Avenue in terms of size, lot, and value, but is more modest compared to wider area and city averages. This creates a specific appeal: it’s a home for a buyer who values neighbourhood character and peer consistency over maximizing square footage or lot size. It would suit a first-time buyer or downsizer looking for an established, no-surprises home in a stable setting. A thoughtful perspective is that its "average" metrics on the street could mean less volatility and more straightforward comparables when it comes to future valuation, which is a form of financial predictability.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in Winnipeg?
While its living space is below the city-wide average, its assessed value is relatively closer to the city median. This suggests it may offer a more affordable entry point into the Winnipeg market without a drastic compromise on perceived value.
2. What does the sold price range from 2021 indicate?
The $250k-$300k range provides a market anchor from four years ago. For a current offer, you would need to consider market changes since then, but it firmly places the home in an affordable first-home tier for the city.
3. Is the lot size a disadvantage?
At just under 4,000 sqft, the lot is smaller than many in Winnipeg. However, it is very typical for Rougeau Avenue. This means lower maintenance, which can be an advantage for those seeking a manageable yard.
4. The home is 50 years old. What should I consider?
A home from this era may have original major systems, like roof, windows, or furnace. While the neighbourhood data shows many homes of a similar age, a thorough inspection is key to budgeting for any updates or understanding its maintained condition.
5. How do I find out the exact past sold price?
The listing service provides the sold price range for research. You can obtain the exact figure by contacting them via the provided email request, which they handle manually without marketing spam.