Property Overview: 657 McLeod Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home in the Rossmere-A neighborhood, built in 1959. With 1,053 square feet of living space, it sits comfortably around the average size for both its street and area, offering a practical layout for everyday living. Its assessed value of $318,000 is notably below the Winnipeg city average for comparable homes, suggesting a potentially accessible entry point into the market.
The appeal lies in its consistency and position within a mature community. This isn't an outlier; it's a representative home on a street of similar properties, which can provide stability and predictable neighborhood character. A thoughtful perspective is the lot size: at 4,800 sqft, it's smaller than many on its street. For some, this means less yard maintenance, while for others, it may limit expansion possibilities. The home last sold in 2017 for between $250,000-$300,000, indicating a history of steady value.
This property would suit first-time buyers or downsizers looking for a straightforward, no-surprises home in a settled area. It’s for the buyer who prioritizes neighborhood cohesion and a manageable scale over standout luxury or a massive plot of land.
Frequently Asked Questions
1. Is this house a good value compared to its neighbors?
The assessed value is slightly below the street and neighborhood averages, which could indicate a relative value opportunity, assuming the property's condition is consistent with nearby homes.
2. How does the lot size impact the property?
The lot is smaller than most on McLeod Avenue. This typically means less outdoor maintenance but may also limit potential for large additions, pools, or extensive landscaping compared to neighbors.
3. What can the 2017 sale price tell me?
The prior sale price gives a historical benchmark. The increase to the current assessed value aligns with broader market trends, but for precise appreciation calculations, you would need the exact sale figure.
4. Are the homes around it similar?
Yes. Nearby reference properties are very similar in age, size, and value, suggesting a uniform, established streetscape without drastic variations from one house to the next.
5. How can I verify the exact past sale prices?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide verified transaction history.