Property Overview
756 McLeod Avenue is a well-established home in Winnipeg's Rossmere-A neighborhood, built in 1963. With 1,139 square feet of living space on a 4,997 sqft lot, it presents as a classic, mid-century property. Its assessed value is $333k, and it last sold in late 2023 for an estimated $250k–$300k. The data shows it consistently ranks as "around average" compared to similar homes on its street, in the neighborhood, and across the city for key metrics like size, value, and age. This creates a profile of a stable, no-surprises home in a mature community.
Key Characteristics & Appeal
The primary appeal of this property is its consistency and positioning within a stable market segment. It doesn't stand out as exceptionally large or new, but it also doesn't carry the premium or potential complications of those extremes. Its lot size is notably smaller than the street average, which could mean less yard maintenance—a plus for some buyers. The home's value is solidly in the middle range for the area, suggesting it's priced accessibly relative to its offerings.
This home would suit first-time buyers or downsizers looking for an entry point into a settled neighborhood without overextending financially. It's also a practical fit for investors seeking a straightforward rental property with predictable valuation metrics. The appeal lies in its ordinariness: it’s a manageable, typical home for those who prioritize neighborhood stability over standout features.
Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, the assessed value is very close to the neighborhood average. Its recent sale price range suggests it may transact below its assessed value, which could indicate a fair market opportunity.
2. What does the "around average" ranking mean?
It means the home's key features (size, value, age) fall near the middle of the pack when compared to similar properties. This often indicates lower risk and predictable resale value, but also fewer standout features.
3. The lot is smaller than average. Is that a concern?
It depends on your priorities. A smaller lot typically means less outdoor maintenance. For some, this is a benefit. If a large private yard is important, you may want to compare it directly with other listings on the street.
4. How does the 1963 build year affect the home?
Homes from this era often have solid construction but will likely require updates to mechanical systems (like plumbing or electrical) and aesthetics. It's wise to budget for modernizations.
5. Can I find out the exact price it sold for in 2023?
The exact sale price is not displayed in public records. The listing service offers to provide this detail via a direct email request, which they state is a manual, non-marketing process.