Property Overview: 614 Cedarcrest Drive, Winnipeg
Key Characteristics & Appeal
This home at 614 Cedarcrest Drive in the Rossmere-A neighborhood presents a practical opportunity in Winnipeg’s housing market. Built in 1960, its 996 sqft living space is modest and slightly below area averages, positioning it as a more manageable, potentially lower-maintenance property. Its significant appeal lies in the generous 6,056 sqft lot, which ranks well above average for both the community and the city, offering valuable outdoor space and future potential.
The municipal tax assessment of $319,000 is comfortably below the Winnipeg average, suggesting a relatively affordable entry point for the area. Historical data indicates a sale in late 2021 in the $350,000-$400,000 range. This profile suits first-time homebuyers, downsizers, or value-focused investors seeking a home with a solid lot size in an established neighborhood without the premium price tag of a larger or fully renovated property. A thoughtful perspective is that while the house itself may require updates common for its age, the lot represents a tangible asset that provides room to grow, garden, or simply enjoy more privacy than newer, denser subdivisions typically offer.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 996 sqft, the living space is slightly below the average for both Cedarcrest Drive (1,076 sqft) and the wider Rossmere-A community (1,116 sqft). It is a compact, efficient layout.
2. Is the property tax assessment high for this home?
No. The tax assessment of $319,000 is below the street average and significantly below the Winnipeg city average for comparable homes, which could indicate a favorable tax burden relative to market value.
3. What is the standout feature of this property?
The land. The lot size of over 6,000 sqft is a key advantage, ranking in the top 30% city-wide. This is a substantial parcel for the community, offering more yard space than many neighboring properties.
4. What are comparable homes in the area selling for?
Based on limited available data, a home on this street sold for between $350,000 and $400,000 in late 2021. Nearby comparable listings from the same era show assessed values typically between $300,000 and $365,000.
5. Where can I find precise historical sale price data for this address?
The provider states that due to industry restrictions, precise MLS sale records are not displayed publicly. They offer to manually retrieve and email the accurate sales history upon request, at no cost and without marketing spam.