Property Overview: 1664 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1976 home in River East presents a practical opportunity in Winnipeg's market. With 1,092 sqft of living space, its size is consistently "around average" when compared to homes on its own street, in the neighborhood, and city-wide. The lot, at 3,666 sqft, is more compact than many in the broader area, which can mean less maintenance.
The primary appeal lies in its value positioning. The home's assessed value ($276k) is notably below the neighborhood ($401.1k) and city ($390.1k) averages. This suggests a potentially more accessible entry point into the River East area. Its recent sale in mid-2024 for an estimated $300k–$350k placed it in the top 20% of sales on its street, indicating strong street-level demand.
This property would suit first-time buyers or practical downsizers seeking a manageable home in an established neighborhood without a premium price tag. It’s a home for those who prioritize location and value over size or a large yard. A thoughtful perspective is that its "newer than average" build year for the street (1976 vs. a 1972 street average) might mean relatively updated core systems, while the below-average lot size could translate to lower property tax and utility costs.
Section 2: Frequently Asked Questions
1. Is this a good value for the River East area?
The data suggests it is. The home's assessed value is significantly below the River East neighborhood average, offering a cost-effective way to enter this area.
2. How does the lot size impact the property?
The lot is smaller than most in River East. This means less outdoor maintenance, but also less private yard space. It's a trade-off that can mean lower upkeep costs and time.
3. The home sold recently in 2024. What does that sale price indicate?
The estimated sale price range placed it in the top 20% of sales on Rothesay Street at that time, showing that well-priced homes on this specific street are in demand.
4. How does the living space compare to typical Winnipeg homes?
At just over 1,000 sqft, it is moderately sized. It ranks close to the middle (top 61%) city-wide, making it a standard, no-frills family home rather than a spacious one.
5. Where can I get the exact sale price from 2024?
The site notes that exact sale prices are not displayed publicly due to industry rules. You must request them directly via email from the service provider for a manually verified figure.