Property Overview: 388 Rougeau Avenue, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,032 sqft bungalow, built in 1978, presents a practical and affordable entry point into Winnipeg’s Mission Gardens neighborhood. Its key appeal lies in its relative value and established location. The home sits on a 3,018 sqft lot, which is a manageable size for low-maintenance outdoor living.
The data reveals a nuanced position: within its own immediate area on Rougeau Avenue, the home is consistently "around average" in living space, lot size, and assessed value, suggesting it fits right into the fabric of the street. However, when viewed against the broader Mission Gardens area or city-wide benchmarks, its assessed value and lot size are notably below average. This indicates a potentially lower property tax burden and a price point that may be more accessible than many other options, while still providing the benefits of a mature neighborhood.
This property would suit first-time buyers or downsizers seeking a straightforward, no-frills home in a settled community. It’s for someone who prioritizes location and affordability over size or a large yard, and who may see the below-average assessment as a long-term value opportunity. A thoughtful perspective is that its 1978 build date is newer than many homes on its street, potentially meaning updates to major systems have already been addressed or are on a more modern timeline.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value actually mean for me?
A lower assessed value typically translates to lower municipal property taxes compared to similar-sized homes with higher assessments in the city. It’s important to distinguish this from market value, which is determined by what a buyer is willing to pay.
2. How does the lot size compare for the area?
At 3,018 sqft, the lot is manageable but smaller than the typical lot in the wider Mission Gardens area. This means less yard maintenance but also less private outdoor space than many neighboring properties.
3. The home last sold between 2021-2025. What was the exact price?
The public record shows a sale in the range of $200,000-$250,000. The listing service offers to provide the exact sold price via email upon request, as this specific figure is not publicly disclosed online.
4. Is the living space sufficient for a small family?
At just over 1,000 sqft, the living area is modest. It is comparable to other homes on its street but below the city-wide average. It would be most comfortable for individuals, couples, or a very small family.
5. What is the neighborhood context of Rougeau Avenue?
The data shows that for key metrics like living area and year built, this home is very typical for Rougeau Avenue itself. This suggests a street of similar, consistently sized properties, offering a uniform and established streetscape.