Property Overview: 1656 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,056 sqft home, built in 1976, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its key appeal lies in its relative value and stability. While the living space is modest and the lot size is smaller than many in the broader area, the property holds its own on its own street, ranking around average for size, value, and lot dimensions among its immediate neighbors. This suggests a home that is consistent with its direct community.
The assessed value of $288k is notably below the neighborhood average, which could indicate a more accessible price point in a desirable area. Its construction year is also newer than many homes on its street, a subtle advantage suggesting potentially fewer age-related concerns than some nearby properties. This home would suit first-time buyers, downsizers, or value-focused investors seeking a straightforward property in an established area without a premium price tag. It’s a home for those who prioritize location and community fit over sheer size or modern luxury.
Section 2: Frequently Asked Questions
1. How does this home really compare to others nearby?
While its size and value are below the River East neighborhood averages, it aligns closely with the averages for Rothesay Street itself. This indicates it’s a typical home for its specific block, offering a more accurate comparison than broader area data.
2. What does the sold price history tell us?
The home sold in 2016 and again in 2021, each time in a competitive price bracket (top 31-80% on its street). This shows consistent marketability. Exact sold prices are available upon request via email from the site.
3. Is the lower assessed value a concern?
Not necessarily. A value below the neighborhood average often reflects the home’s more modest size and lot. It can be an opportunity, suggesting you may pay less in property taxes relative to larger homes in the same area.
4. What are the less obvious things to consider?
The home was built in 1976, which is newer than 80% of comparable homes on its street. This could mean elements like wiring, plumbing, or windows are from a more recent era than many immediate neighbors, a useful contextual detail.
5. Where can I get verified sale data?
The provided sold prices are estimates from public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email from the site provider, as MLS data is not displayed here.