558 Cedarcrest Drive

Property Overview: 558 Cedarcrest Drive, Winnipeg

Key Characteristics & Appeal

This home at 558 Cedarcrest Drive in Rossmere-A presents a solid, established property with clear value in its context. Its primary appeal lies in offering above-average space and value for its immediate street and neighborhood, making it a practical and competitive option within its market segment.

The 1,126 sqft living area is notably above the average for Cedarcrest Drive itself, ranking in the top 20% on the street. This suggests you get more interior space than many direct neighbors. The assessed value of $346k also sits above the street and neighborhood averages, indicating its perceived worth is strong in its local context, though it remains below the citywide average for comparable homes—a point that could appeal to buyers looking for relative affordability in Winnipeg. The lot size is consistent with the area, and the 1959 build date is typical for this part of Rossmere-A.

This property would suit a buyer who prioritizes space and value within a specific, established community over a newer home. It’s a match for first-time buyers or downsizers seeking a manageable size without sacrificing living area, or for an investor looking for a stable rental property in a neighborhood with consistent, middle-of-the-road metrics. A thoughtful perspective is that its strength is hyper-local: it outperforms its direct street peers more convincingly than it does the wider city, highlighting the importance of neighborhood-level comparison.

Frequently Asked Questions

1. How does this home really compare to others nearby?
The data shows it holds its own well, especially on its own street. It has more living space than 80% of comparable homes on Cedarcrest Drive and a higher assessed value than 71% of them. In the broader Rossmere-A neighborhood, it ranks around average to slightly above.

2. The home was built in 1959. Is that a concern?
The build date is older than most on its street but is very typical for the Rossmere-A area and Winnipeg as a whole. Buyers should anticipate maintenance and systems consistent with a home of this era and budget for a thorough inspection.

3. What is the likely selling price based on history?
Public data suggests a sale price between CA$350k and $400k when it last sold in November 2020. For a current, exact sale price history, you can request the figures by email via the listing page.

4. Is the lot size a pro or a con?
At 6,047 sqft, the lot is very standard for the street and neighborhood but ranks above average citywide (top 30%). It offers a typical suburban yard for the area—not exceptionally large, but certainly not small.

5. Who are the direct comparable properties?
The listing shows nearby homes on Cedarcrest Drive, Oakland Avenue, and Mcleod Avenue, most built in the same late-1950s to early-1960s period. Key comparisons include 562 Cedarcrest Drive (next door) and 1156 De Graff Place, which has a nearly identical living area.