Property Overview: 541 Cedarcrest Drive, Winnipeg
Key Characteristics & Buyer Profile
This home at 541 Cedarcrest Drive in the Rossmere-A neighborhood is a study in established, steady value. Built in 1960, it is actually one of the newer homes on its specific street, giving it a slight edge in age among its immediate peers. With 1,046 sqft of living space and a 6,047 sqft lot, its size is consistently average to above-average when compared to its street and neighborhood, though the lot size ranks notably well citywide. The assessed value of $333k aligns closely with local averages, suggesting a fair and stable valuation without premium pricing.
The appeal here lies in its predictability and position within a mature community. It’s not an outlier in any category, which can be a strength for buyers seeking a home that won’t feel over-improved or under-sized for the area. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a solid, move-in-ready property in a settled area over flashy features or a fixer-upper project. A thoughtful perspective is that its consistent "average" rankings across metrics indicate lower risk; it’s a property that closely mirrors its surroundings, which can mean fewer surprises in terms of upkeep, property taxes, and resale competition.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on public data from late 2023, the home sold in the range of $300k–$350k. This aligns closely with its current assessed value and the averages for the street and neighborhood, indicating a stable market price.
2. Is the living space sufficient for a growing family?
At 1,046 sqft, the living area is typical for the immediate area but below the Winnipeg city average. It would suit a small family or those comfortable with a more compact, efficient layout rather than one seeking ample room for expansion.
3. What does the lot size offer?
The lot of just over 6,000 sqft is larger than most in the neighborhood and ranks above the city average. This provides valuable outdoor space, which is a standout feature for gardening, recreation, or future additions like a shed or deck.
4. Are homes from 1960 a concern for maintenance?
Being built in 1960 means major systems (roof, plumbing, electrical) are likely due for updates or may have been recently replaced. A thorough inspection is essential, but its age is typical and even slightly newer than many direct neighbors.
5. How can I get the exact historical sale price?
The exact sale figure is not publicly displayed. You can request it directly via email through the listing page. The service is manual, with a promise of a reply by the end of the day and no use of your email for spam or marketing.