Property Overview: 534 Mark Pearce Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This Rossmere-A home, built in 1960, presents a solid, middle-ground opportunity in the Winnipeg market. Its key appeal lies in its consistency and established neighborhood context. At 1,139 sqft, the living space is notably above average for its specific street, offering more room than many direct neighbors. The lot size of just over 6,000 sqft is also a relative strength, providing ample outdoor space that ranks well both locally and city-wide.
The home’s assessed value of $322k sits below the street average, which could signal an entry point for value-conscious buyers or indicate room for updates that would align it with neighboring properties. Its appeal is grounded in practicality: it’s a home that matches the character and scale of its immediate block, built in the same era as most on the street, suggesting a settled, uniform streetscape. It would suit first-time buyers looking for a manageable property in a stable area, or investors seeking a rental with a proven history in a neighborhood of similar, well-maintained homes. A thoughtful perspective is that this property isn’t an outlier—it’s a core representative of its street, meaning its future value is likely to move in close step with the area, offering stability rather than high-risk, high-reward potential.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in early 2022. Its current assessed value ($322k) is below the street average, placing it in a competitive position within the immediate area.
2. Is the house larger or smaller than others nearby?
The living area is above the average for Mark Pearce Avenue itself, meaning it offers more interior space than most houses on the same street. Compared to the wider Rossmere-A neighborhood and Winnipeg overall, it is around average.
3. What does the year built (1960) indicate?
Built in 1960, this home is typical for the street. This suggests the neighborhood’s core infrastructure and housing stock are from the same period, which can mean predictable styles and renovation needs, but also a mature streetscape with established trees and gardens.
4. How reliable is the sold price data provided?
The sold price is based on publicly available data, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which they provide via email.
5. Are the property taxes likely to be high?
The assessed value is a key municipal input for calculating taxes. With an assessment below the street average, the property taxes may be comparatively lower than some neighbors, but the final tax bill depends on the city’s mill rate and other factors.