386 Rougeau Avenue

Property Overview: 386 Rougeau Avenue, Winnipeg

Key Characteristics & Appeal

This home at 386 Rougeau Avenue in Mission Gardens presents a practical and affordable entry point into the Winnipeg housing market. Built in 1978, it is notably newer than many homes on its street and across the city, which can suggest fewer immediate concerns with aging infrastructure. The 820 sqft living area is compact, ranking below average for the neighbourhood and city, positioning it as a manageable space for minimalists or those looking to keep utility and maintenance costs low.

The primary appeal lies in its financial accessibility. With an assessed value significantly below area and city averages, it offers a lower property tax base. The lot, while smaller than most in the wider area, provides a modest outdoor space without the burden of extensive upkeep. This property would suit first-time buyers, investors seeking a rental property, or downsizers prioritizing efficiency and a newer build year over square footage. Its value proposition is clear: a newer, low-maintenance home where the investment goes more toward the structure itself than into excess land or space.

Frequently Asked Questions

1. Is the sold price range provided accurate?
The listed range of CA$250k–300k for the 2024 sale is based on available public data. For the exact sale price, you can request it via email from the site; they provide this detail manually without using your email for marketing.

2. How does the home’s size compare practically?
At 820 sqft, the living space is roughly 25% smaller than the average home in Mission Gardens. This makes it efficient for 1-2 people but may feel tight for families or those needing home office space.

3. What does the assessed value indicate?
The assessed value of $28,400 is well below averages for the area and city. This typically correlates with lower municipal property taxes, which is a key ongoing cost saving.

4. Are there any advantages to the smaller lot?
The 2,987 sqft lot is smaller than most, which means less yard work and lower maintenance costs. For buyers not seeking extensive gardening or outdoor space, this can be a practical benefit rather than a drawback.

5. The home is newer than many—does that matter?
Built in 1978, it is newer than many comparable homes locally. A newer build year can sometimes mean updated building materials and systems, potentially reducing the need for major near-term renovations common in older houses.