571 Edison Avenue

Property Overview: 571 Edison Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 571 Edison Avenue in the Rossmere-A neighborhood presents as a solid, middle-of-the-market property with consistent appeal. Built in 1960, its 1,143 sqft living area and 6,435 sqft lot size are both notably above average for its immediate street and community. This suggests a home that offers more space, both indoors and outdoors, than many of its direct neighbors—a key advantage for those seeking room to grow or enjoy a larger yard.

The property’s municipal assessed value of $344,000 aligns closely with recent neighborhood sales and sits slightly above the local average, indicating it is viewed as a stable asset within its area. Its appeal lies in its established, no-surprises profile. It’s not an outlier but a well-positioned property within its context, offering the practical benefits of a larger lot and decent square footage in a mature neighborhood. It would suit first-time buyers looking for a spacious starter home, downsizers seeking a manageable property with a good yard, or investors interested in a reliable rental property in a consistent area. A thoughtful perspective is that its rankings show strength precisely where it matters most: against its immediate comparables on Edison Avenue and in Rossmere-A, rather than just in city-wide metrics, highlighting its local desirability.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, comparable homes on Edison Avenue have recently sold in the $250,000-$300,000 range. The property’s current assessed value is higher, but assessments for tax purposes can differ from market value. Reviewing recent sale prices of similar nearby homes is essential for understanding the current market.

2. Is the lot size a significant advantage?
Yes. The land area of 6,435 sqft ranks in the top 20% within the Rossmere-A community, meaning it is substantially larger than many lots nearby. This offers more privacy, outdoor space, and potential for gardening, additions, or expansions compared to typical properties in the area.

3. What does the "above average" ranking for the build year mean?
For a street where the average build year is 1960, a ranking of 33 out of 131 (top 25%) indicates this home is among the newer properties on Edison Avenue. In a neighborhood of similar-aged homes, even a few years’ difference can sometimes correlate with updates or slightly newer construction materials.

4. How stable is the property value in this area?
The assessment data shows the home’s value is very consistent with the Rossmere-A average and slightly above its street average. The provided comparable sales from 2019 and similar current assessments suggest a history of stable, moderate value in this specific pocket, without the extreme fluctuations seen in some market segments.

5. Where can I find precise historical sale data for this address?
The page notes that precise MLS sale records are not displayed due to industry restrictions. However, it offers a manual service where you can request the accurate sales history via email, which will be provided directly without marketing spam.