Property Overview: 602 Mark Pearce Avenue, Winnipeg
Key Characteristics & Appeal
This home at 602 Mark Pearce Avenue in Rossmere-A is a study in balanced value. Built in 1960, it sits on a notably generous 6,048 sqft lot, which ranks well above average for both the street and the wider neighborhood. This presents a significant opportunity for buyers who prioritize outdoor space, gardening, or future expansion potential over sheer interior square footage.
The house itself, at 1,003 sqft, is more compact than many comparable homes in Winnipeg, which is reflected in its below-average rankings for living area. However, this is paired with an assessed value of $319k, which sits comfortably around the neighborhood average and below the city average. This combination suggests the property may offer an efficient entry point into a stable area, where your investment is directed more toward the land than an oversized structure. Recent sales history shows solid appreciation, with the home selling in the $350k-$400k range in mid-2023, up from the $250k-$300k range in 2016.
Its appeal lies in this land-to-structure ratio. It would suit a first-time buyer or downsizer looking for a manageable home with room to breathe outdoors, or an investor/renovator who sees value in the lot size and the established, mature neighborhood. It’s a practical choice for those comfortable with a home that may require updates common to its era, in exchange for a larger, private yard than is typically available at this price point.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. The living area of 1,003 sqft is below the average for Mark Pearce Avenue, the Rossmere-A neighborhood, and Winnipeg as a whole. This is a key factor in its pricing.
2. What is the standout feature of this property?
The lot size. At over 6,000 sqft, the property offers a yard that is larger than most on its street and in the surrounding area, which is a significant asset.
3. How has the property's value changed over time?
Public data indicates strong appreciation. It last sold for between $350,000 and $400,000 in May 2023, which was a notable increase from its previous sale price of between $250,000 and $300,000 in April 2016.
4. What are comparable homes like on this street?
Nearby homes on Mark Pearce Avenue and in Rossmere-A are very similar in age (late 1950s to early 1960s) and assessed value (typically between $304k and $345k), though many have slightly more living space.
5. How can I find out the exact price it last sold for?
The exact sold price is not displayed in public records. You can request this information directly via the email link provided on the property detail page.