Property Overview: 553 Kingsford Avenue, Winnipeg
Key Characteristics & Appeal
This 1960-built home in Rossmere-A presents a solid, no-surprises entry into Winnipeg's housing market. With 948 sqft of living space, it is functionally sized but notably smaller than the average home in the neighborhood, city, and even on its own street. Its primary appeal lies in its balance and stability. The property sits on a 6,050 sqft lot that is above average for the Rossmere-A community, offering good outdoor space relative to its footprint. The municipal tax assessment of $323,000 is consistently close to the average across all comparison levels, suggesting the property is priced squarely within its market context without significant over- or under-valuation.
The home would suit practical, value-conscious buyers such as first-time homeowners or downsizers seeking a manageable property in an established neighborhood. Its appeal is less about standout features and more about providing a grounded, average-cost option with a decent lot. A thoughtful perspective is that its smaller interior size, paired with a larger-than-community-average lot, could appeal to someone prioritizing yard space over indoor square footage, or to a buyer viewing the structure itself as a candidate for future expansion or renovation.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 948 sqft, the living area is below the average for both the Rossmere-A community (1,116 sqft) and the city overall. On Kingsford Avenue itself, it ranks in the top 61%, but this is because many homes on the street are also modest in size, with a street average of 1,081 sqft.
2. Is the tax assessment high for this area?
No, the assessed value of $323,000 is very close to the average for the street, community, and city. It ranks almost squarely in the middle of comparable properties, indicating it is assessed in line with market norms.
3. What is the significance of the lot size?
The 6,050 sqft lot is a relative strength. It is larger than the average lot in the Rossmere-A community and provides more outdoor space than many comparable properties, which could be a advantage for gardening, recreation, or future projects.
4. When was it last sold and for how much?
Public data indicates a sale occurred in July 2020, with a reported sale price between $250,000 and $300,000. For precise historical sale data, you must register with the site and request the information directly.
5. The home was built in 1960. What should I consider?
While the build year is typical for the street and area, any home of this age will require a thorough inspection of its major systems (roof, plumbing, electrical, foundation) and updates over the years. Its age is not unusual, but due diligence is key.