Property Overview: 1594 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 864 sqft home, built in 1974, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its key appeal lies in its value positioning. With an assessed value significantly below area and city averages, it offers a lower financial barrier to homeownership in a well-established community. The home is notably compact, with a living area and lot size that are below typical benchmarks for the street and wider area, suggesting a efficient, low-maintenance footprint.
This property would suit first-time buyers or investors seeking a straightforward, budget-conscious purchase. Its manageable scale could appeal to downsizers or those prioritizing simplicity over space. A thoughtful perspective is that its below-average metrics, while often seen as a drawback, can translate into predictable property taxes and less upkeep. The home is not the newest or largest on the block, but its 1974 build date is actually above average for the immediate street, indicating relative modernity within its specific context.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area of 864 sqft is below the average for Rothesay Street (1,133 sqft), the River East area (1,399 sqft), and Winnipeg overall (1,342 sqft). This indicates a more compact, efficient layout.
2. Is the assessed value typical for the area?
No, the assessed value of $260k is below average for both the River East neighborhood ($401.1k average) and the city ($390.1k average). On Rothesay Street itself, it ranks closer to the middle of the pack.
3. What is the lot size, and how does it compare?
The lot is 2,992 sqft. This is below the average lot size for the street, neighborhood, and city, meaning outdoor space is more limited but may require less maintenance.
4. When was it last sold, and for how much?
Records indicate a sale between November 2022, with a price in the range of CA$300,000–$350,000. Exact sale figures require a manual lookup from the site provider.
5. Are there similar homes nearby for comparison?
Yes. The listing references several nearby properties on Rothesay Street and Summerfield Way with similar build years, living areas, and assessed values, such as 1606 Rothesay Street and 147 Summerfield Way, which can provide useful context.