Property Overview: 231 Rougeau Avenue, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 720 sqft home, built in 1990, presents a specific and practical opportunity in Winnipeg’s Mission Gardens neighborhood. Its key appeal lies in its efficiency and relative modernity within its immediate context. While the living space is notably compact compared to most homes in the city, the house is newer than many on its street and in Winnipeg overall, potentially suggesting fewer immediate concerns with aging infrastructure. The lot size is typical for Rougeau Avenue but smaller than the neighborhood and city averages, resulting in a low-maintenance yard.
The property’s assessed value is modest and aligns closely with the average for its street, positioning it as an accessible entry point into the market. A thoughtful perspective is that this home represents a trade-off: you are acquiring a relatively newer structure in a settled area, but within a smaller footprint both indoors and out. It would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-value asset. Its practicality is for those who prioritize a modern build date and manageable upkeep over spaciousness.
Frequently Asked Questions
1. How does the home’s size impact its value?
The living area is significantly below average for the neighborhood and city. This is a primary factor in its modest assessed value, making it a cost-conscious option but also meaning space is at a premium.
2. Is the 1990 build date an advantage?
Yes, particularly on its own street. Being newer than most direct neighbors can be beneficial, as it may imply updates to core systems like wiring or plumbing that older homes might still require.
3. What does the sold price history indicate?
The home sold in the $350k-$400k range in 2023, which was a top-tier price performance for its street at that time. This suggests strong buyer interest for well-priced, modern-built homes in this location, despite the smaller size.
4. How does the lot size affect the property?
At just under 3,900 sqft, the lot is manageable for minimal upkeep. However, it offers less private outdoor space and expansion potential compared to many lots in wider Mission Gardens and Winnipeg.
5. Where can I see more detailed context for this property?
A dedicated neighborhood analysis page is available, showing this home on a map alongside nearby properties for direct comparison of year built, living area, assessed value, and lot size.