Property Overview: 299 Edelweiss Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft bungalow, built in 1972, presents a practical and affordable entry point into Winnipeg’s Rossmere-A neighborhood. Its key appeal lies in its relative value and stability. With an assessed value of $246k, it sits below both the neighborhood and city averages, offering a cost-effective option in a mature community. The home is typical for its immediate street in terms of size and lot (3,334 sqft), but is notably newer than many area homes, which may suggest fewer concerns related to the age of major components.
The property would best suit first-time buyers, downsizers, or value-focused investors seeking a straightforward home without premium pricing. Its below-average price tag for the area means lower property taxes, a significant long-term consideration. A thoughtful perspective is that while the lot is smaller than the Rossmere average, it requires less maintenance—an appealing trade-off for those seeking a manageable yard. The data suggests it’s a "middle-of-the-pack" home on its own street, indicating a stable, established setting without standing out negatively or positively, which can be ideal for someone seeking predictability.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($246k) is for municipal tax purposes and is typically below market value. The last known sale was between $200k-$250k in 2017. A current market evaluation is essential, but the assessment indicates a solid, mid-range value foundation for the area.
2. Is the living space smaller than average?
Yes. At 960 sqft, it is below the neighborhood (1,116 sqft) and city (1,342 sqft) averages. This makes it a compact, efficient layout, well-suited for individuals, couples, or small families who prioritize affordability over spaciousness.
3. What does the "newer than average" build year mean for me?
Built in 1972, this home is newer than many in Rossmere-A (average 1964). While still over 50 years old, this relative advantage could mean key systems like plumbing or electrical are potentially in a later generation of materials and standards for the era, though specific inspections are always recommended.
4. How does the lot size impact the property?
The 3,334 sqft lot is smaller than most in the wider neighborhood. This limits expansive outdoor space but reduces landscaping upkeep and may create a cozier, community-oriented streetscape. It’s a practical lot for those with minimal yard ambitions.
5. How can I find out the exact past sale prices?
The provided sold price data is an estimated range. Due to industry regulations, exact MLS sale histories are not published on this site. You can request the precise figures via email from the site provider, who will manually retrieve and send the information.