Property Overview: 1574 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 864 sqft bungalow, built in 1974, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its key appeal lies in its relative value within the local market. With an assessed value notably below the neighborhood and city averages, it offers a lower financial barrier to homeownership in a well-established area. The home is newer than many on its street, suggesting potentially fewer immediate concerns related to aging infrastructure compared to older peers.
The property suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance holding. Its compact living area and smaller lot (2,994 sqft) translate to manageable upkeep and utility costs, a significant but less obvious advantage for budget-conscious owners. While its size ranks below average at every level, this positions it as a cost-effective option in a community where larger homes command a premium. The recent sale history indicates steady demand for homes in this price bracket on Rothesay Street.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around the average for Rothesay Street itself but sits significantly below the broader River East and Winnipeg averages. This suggests you’re paying a street-level price in a neighborhood where overall property values are higher.
2. Is the living space unusually small?
At 864 sqft, the living area is below the average for the street, neighborhood, and city. This confirms it is a compact bungalow. Buyers should consider if the layout and square footage meet their spatial needs.
3. What does the lot size mean for me?
The lot is smaller than most in the area. This typically means less yard maintenance, which can be a benefit, but also less private outdoor space. There is limited potential for expansions or additions compared to properties with larger lots.
4. The home was built in 1974. Should I be concerned about its age?
While 52 years old, the build year is actually above average for Rothesay Street, meaning it’s newer than many immediate neighbors. Standard inspections for a home of this age are recommended, but it may have seen updates over time.
5. Where can I get verified sale price data for this property?
The site provides estimated sold price ranges. For fully verified figures and exact transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.