Property Overview: 43 Rougeau Avenue, Winnipeg
Key Characteristics & Appeal
This home at 43 Rougeau Avenue in Mission Gardens presents a practical opportunity with a distinct profile. Built in 1975, it is an older home on its street but sits on a notably generous lot—nearly 5,000 sq ft—which ranks well above average for the immediate area. The living space is a functional 1,004 sq ft, typical for the neighbourhood but more compact compared to the wider city. Its recent sale in the $300k-$350k range and its assessed value suggest it is positioned as a value-conscious entry into the market.
The primary appeal lies in its land-to-building ratio. The sizable lot offers clear potential for expansion, gardening, or outdoor living, a relative rarity for the price point. It suits a first-time buyer or practical investor comfortable with a home that may require updates reflective of its era. It’s less suited for those seeking modern, move-in-ready finishes or maximum interior square footage. A thoughtful perspective is that this property represents a "land play with a house included," ideal for a buyer whose long-term vision values outdoor space and gradual improvement over immediate luxury.
Frequently Asked Questions
1. How does the home’s age affect its condition and value?
Constructed in 1975, the home is older than most on its street. Buyers should budget for potential updates to major systems like roofing, windows, or HVAC, which can be offset by the value found in the larger lot.
2. What does the above-average lot size mean for me?
The 4,998 sq ft lot is a significant asset, offering more privacy, yard space, and future potential (like an addition or garage) than many neighbouring properties. This is a key differentiator for the property.
3. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal tax purposes. The recent sale price in the $300k-$350k range is a more current reflection of its market value, indicating it likely sold close to or above its assessment.
4. How does this home compare to others in Mission Gardens?
The home’s living area is average for Mission Gardens, but its lot size is larger than many. It represents a more classic, land-focused property compared to newer builds with more interior finishings.
5. Can I get the exact historical sale price?
Exact sale prices are not publicly listed in Manitoba. The provided range is based on available data. You can request the precise figure by emailing the listing service, which manually confirms and provides this detail.