Property Overview
This home at 6 Edelweiss Crescent in Winnipeg’s Rossmere-A neighborhood presents a practical opportunity in the city’s residential market. Built in 1969, it’s a 1,040 sqft house on a 5,719 sqft lot, with a municipal assessed value of approximately $334k. It last sold in late 2023 for an estimated $350k–$400k.
Key Characteristics & Appeal
The primary appeal of this property lies in its value proposition and lot size relative to its immediate area. While its living space is modest and below local averages, its assessed value ranks above average for its own street. This suggests it may offer better finishes, condition, or specific features compared to its closest neighbors. The lot is larger than most on Edelweiss Crescent, providing valuable outdoor space.
Its position within the broader Rossmere-A neighborhood is solidly average for value and lot size, indicating it fits comfortably within the community’s norms without standing out negatively. For a buyer, this translates to a home that isn’t the largest on the block but holds its own in terms of perceived worth and land.
This property would suit a first-time buyer or a downsizer looking for a manageable home in a stable, established neighborhood. It’s also a sensible choice for a value-oriented investor or someone who prioritizes a decent-sized yard over expansive interior square footage. The data suggests it’s not a standout fixer-upper nor a premium renovation, but a reliable, middle-of-the-road option.
Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value ($334k) is an administrative figure for tax purposes. The home’s last sale price range ($350k–$400k) and its above-average value ranking on the street suggest it may sell closer to or above the assessed value, but current market conditions will ultimately determine the price.
2. How does the smaller living area impact value?
While the living area is below area averages, the above-average assessed value for the street implies that other factors—like the larger lot, updates, or layout—compensate. It highlights that square footage isn't the only driver of value.
3. The home was built in 1969. What should I be aware of?
As a home from the late 1960s, potential buyers should pay special attention to the age and condition of major systems. This includes the roof, plumbing, electrical wiring, and heating system, which may be nearing or past their typical lifespans if not already updated.
4. How does this property compare to others on the same street?
It has a smaller footprint than the street average but sits on a larger lot. Its assessed value is in the top quarter for Edelweiss Crescent, meaning it’s considered more valuable than most homes directly around it, which is an interesting point of leverage.
5. Where can I see more detailed comparisons with neighboring homes?
You can use the provided link to open the neighbourhood analysis page, which maps nearby properties and allows you to compare year built, living area, assessed value, and lot size side-by-side.