Property Overview: 329 McLeod Avenue, Winnipeg
Key Characteristics & Appeal
This 1957-built home in Rossmere-A presents a practical opportunity in Winnipeg's residential market. With 1,014 square feet of living space on a 4,789 sqft lot, its size is modest, ranking below average for its street and the city overall. This very characteristic is central to its appeal: it offers a manageable footprint with lower maintenance demands, both indoors and outdoors. The assessed value of $336k aligns closely with neighborhood and street averages, suggesting a fairly priced entry point into the area.
The home’s primary draw is its position as a grounded, no-frills property in an established community. It suits first-time buyers seeking affordability without venturing into newer, more distant suburbs, or downsizers looking to rightsize their living space and yard work. A less obvious perspective is its potential as a strategic hold in a neighborhood of varied lot sizes; while the lot is below average for the street, it remains a decent size within the city context, offering room for gardening or outdoor living without being overwhelming. Its sale in 2022 within the $300k-$350k range indicates a stable, accessible price tier.
Frequently Asked Questions
1. Is the living space too small?
While below the city average, the living area is very close to the Rossmere-A neighborhood average. It represents a typical footprint for many mid-century homes and is well-suited for individuals, couples, or small families.
2. How does the assessed value compare to likely selling price?
The assessed value ($336k) is a municipal valuation for tax purposes and often differs from market value. However, its alignment with recent neighborhood sold prices (like the 2022 sale of this property) suggests it is in the ballpark. A current market appraisal would be needed for precision.
3. What does the "below average" lot size mean practically?
The lot is smaller than many on its street but is near the citywide average. It means less yard maintenance than larger properties in the area, while still providing private outdoor space. It’s a trade-off that can be a benefit for those seeking easier upkeep.
4. Are older homes like this a concern?
Built in 1957, the home is older than many on its block. This necessitates a focused inspection on foundational elements, roofing, wiring, and plumbing common to its era. Its long-standing presence also indicates a well-established, stable neighborhood.
5. Where can I find verified past sale prices?
The provided sale data is compiled from public sources. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site, as MLS records are not displayed publicly here.