Property Overview
This home at 9 Melmar Place in Winnipeg's Rossmere-A neighborhood presents a balanced offering, with its standout feature being an exceptionally large lot. Built in 1963, the 1,132 sqft house sits on an 11,098 sqft property, which ranks in the top 1% of the neighborhood and top 5% citywide. The assessed value of $354k is above average for Rossmere-A, positioning it as a solid value within its immediate area. Recent sales data suggests a price range between $300k and $350k.
Key Characteristics & Appeal
The primary appeal of this property is its land. The lot size is a significant asset, offering ample outdoor space for gardening, recreation, or future expansion—a rarity, especially within the neighborhood. The home itself is of average size for the area, suggesting it's a comfortable, manageable footprint. Its assessed value being above the neighborhood average but below the city average indicates you may get more property for your money here compared to many other Winnipeg locales.
This home would suit practical buyers looking for space and value. It's ideal for first-time homeowners or downsizers who want a generous yard without the maintenance of a much larger house. It could also appeal to a long-term investor or occupant who sees the underlying value in the land itself, with the existing house serving as a solid foundation. The data suggests it's not the newest or largest home on the block, but it offers a compelling balance of lot size, location, and price.
Frequently Asked Questions
1. Is the lot size truly unusual for the area?
Yes. The data shows the lot is ranked #1 on its street and in the top 1% within the Rossmere-A neighborhood, meaning it's significantly larger than most comparable properties nearby.
2. How does the home's size compare?
At 1,132 sqft, the living area is very close to the neighborhood average (1,116 sqft). It's a comfortably sized home but not exceptionally large, indicating the value is more weighted toward the land.
3. What does the assessed value tell me?
The $354k assessment is above the Rossmere-A average but below the Winnipeg average. This often suggests the property is in a desirable pocket of the neighborhood or has features, like the large lot, that boost its value locally.
4. The home was built in 1963. What should I consider?
This age is typical for the street and area. Buyers should budget for potential updates to major systems like roofing, plumbing, or windows, which may be nearing the end of their lifespan, while also appreciating the character and established landscaping of an older home.
5. How was the recent sale price estimated?
The provided range ($300k–$350k) is based on public sales data. The exact final sale price from May 2023 is not publicly displayed here but can be requested directly from the site. This range places the sale around the median for the city and neighborhood at that time.