Property Summary: 225 Rossmere Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, one-storey home built in 1953 on a standard 6,000 sqft lot in the Rossmere/Kildonan Drive area. Its key characteristic is its compact and efficient size, with 990 sqft of living space—making it notably smaller than many area homes. The basement has been renovated, and the property includes a detached garage.
The primary appeal lies in its value proposition and manageability. With an assessed value significantly below the average for its immediate street and neighbourhood, it presents a more accessible entry point into a well-established area. This isn't a sprawling property; its appeal is for those seeking a simpler, lower-maintenance footprint without sacrificing yard space. It would suit first-time buyers, downsizers looking to rightsize, or pragmatic investors seeking a rental property with a relatively lower tax assessment. A thoughtful perspective is that a smaller, renovated home like this can offer greater energy efficiency and lower utility costs compared to larger, older counterparts, making its overall cost of living potentially more predictable.
Section 2: Frequently Asked Questions
1. Is the price competitive for the area?
Yes. The assessed value is in the bottom 15-20% for Rossmere Crescent and Kildonan Drive, suggesting a price point below typical area homes. Recent nearby sales indicate a active market in this value range.
2. What are the implications of the smaller living area?
The 990 sqft layout requires efficient use of space. It's ideal for 1-2 people but may feel tight for a growing family. The renovated basement is a crucial feature, effectively adding functional living or storage space.
3. How does the age of the home (1953) affect it?
The home is average in age for the neighbourhood. Buyers should focus on the updated elements (like the basement) and ensure a thorough inspection of original components, such as the roof, plumbing, and electrical systems, which may be due for updates.
4. What is the neighbourhood like?
Kildonan Drive is a mature, established area. The property is surrounded by similar single-family homes, suggesting stability. The direct proximity to neighbouring houses (as close as 15 meters) offers a community feel but less privacy than newer subdivisions.
5. Why is the assessed value different from recent sale prices?
Property assessments are for tax purposes and use mass appraisal techniques, often lagging behind the current market. The recent sale price range provided is a more direct indicator of the home's actual market value.