613 Edison Avenue

Property Overview: 613 Edison Avenue, Winnipeg

Key Characteristics & Appeal

This home at 613 Edison Avenue in the Rossmere-A neighborhood is a classic Winnipeg property built in 1960. With 920 square feet of living space on a 5,667 sqft lot, it presents as a more compact and manageable option. Its primary appeal lies in its value positioning. The home's assessed value of $310k sits notably below the averages for its street, neighborhood, and the wider city, and it last sold for an estimated $250k–$300k in late 2023. This suggests an entry-point opportunity in a mature, established area.

The property would suit first-time buyers or investors seeking a lower-cost foothold in the market, where the land and location provide the foundational value. It’s a practical choice for those comfortable with a home that may require updates, as it is among the older homes on its street. A less obvious perspective is that its smaller size and below-average assessments could translate to relatively lower property taxes, adding to its affordability. The consistency in the age of homes on the block (most built around 1960) indicates a stable, uniform streetscape typical of a well-established post-war community.

Frequently Asked Questions

1. Is this a good value compared to other homes in the area?
The data suggests it is. The home’s assessed value is below the average for Rossmere-A and significantly below the Winnipeg citywide average for comparable homes, indicating a potentially lower entry price for the neighborhood.

2. What does the "ranking" information mean?
The rankings compare this home against others on its street, in the neighborhood, and citywide for factors like living area, value, and year built. For example, its living space is smaller than most (ranking in the top 89% means 89% of homes are larger), but its assessed value is more competitive (ranking top 69% on its street means 69% of homes have a higher assessed value).

3. How does the lot size compare?
At 5,667 sqft, the lot is very close to the neighborhood average but somewhat smaller than the citywide average. It is a standard residential lot for the area, offering typical yard space for a home of this vintage.

4. When was it last sold and for how much?
Public records indicate a sale occurred in October 2023, with an estimated price range of $250,000 to $300,000. The exact sale price is not publicly disclosed but can be requested from the site.

5. Are the nearby homes similar?
Yes. The listed comparable properties on Edison Avenue and nearby streets are almost all from the same early-1960s period and have similar living areas and assessed values, confirming this is a characteristic home for this specific part of Rossmere-A.