Property Overview
This one-storey home at 523 Rosseau Avenue E in Winnipeg's Kern Park neighborhood presents a practical and updated living space. Its key appeal lies in being a well-maintained, move-in-ready property with a renovated basement, offering functional space on a manageable lot. The detached garage adds utility. It stands out on its street as a newer build (1960) compared to many neighboring homes, suggesting potentially fewer immediate concerns with aging infrastructure. The home's living area is comfortable for the area, though its lot size is more compact than others on the street.
This property would suit first-time homebuyers seeking a solid starter home with recent updates, or downsizers looking for a single-level layout with a finished basement for extra room or storage. It’s for buyers who value a quiet, established neighborhood like Kern Park and prefer a home that doesn’t require immediate major renovations.
Frequently Asked Questions
Is the renovated basement a legal suite?
The listing mentions a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its permitted use with the city if considering rental income.
How does the lot size affect the property?
At 3,600 sqft, the lot is smaller than the average on Rosseau Avenue E. This means lower maintenance but less private outdoor space. It's a trade-off that suits those wanting a manageable yard.
The home is newer than many on the street. What are the implications?
Built in 1960, it's notably newer than the area's average (~1947). This can be an advantage, potentially meaning updates to major systems (like wiring or plumbing) have already been addressed, but a full inspection is still crucial.
What is the significance of the assessed value?
The assessed value ($28,800) is for municipal tax purposes and is typically lower than market value. It indicates the home is in a moderate price range for the city, but the final sale price will be determined by the current market.
Are sold prices from 2021 still relevant?
The last known sale was in August 2021. While it provides historical context, Winnipeg's market has changed since then. This price should be used as a baseline, not a predictor, for today's value.