423 Rougeau Avenue

Property Overview: 423 Rougeau Avenue, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 423 Rougeau Avenue presents a compelling blend of modern convenience and established neighbourhood character. Built in 2006, it is a notably newer construction compared to most homes on its street and in the wider Mission Gardens area, ranking in the top 1% locally for its year of build. This suggests a property likely requiring less immediate major maintenance and featuring contemporary building standards.

The 1,082 sqft living space is efficiently sized, offering above-average roominess for Rougeau Avenue itself. The assessed value is strong for the immediate street, placing in the top 15%, indicating a perceived value that stands out among its closest neighbours. The lot size of 4,122 sqft is typical for the street but offers a more manageable yard compared to larger lots common elsewhere in the city, appealing to those seeking lower exterior maintenance.

Its primary appeal lies in this balance: it’s a modern, well-valued home within a mature neighbourhood. It suits first-time buyers or downsizers looking for a move-in-ready property without the premium of a brand-new subdivision. It also fits practical investors or homeowners who appreciate a newer structure but want the established trees and community feel of an older area like Mission Gardens. A thoughtful perspective is that while the lot is smaller than the city average, it aligns with the street’s character, potentially fostering a closer-knit streetscape and reducing weekend yard work.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home sold within the range of $300k-$350k in 2017 and $250k-$300k in 2016. At those times, these prices placed it in the top 25-34% for sold prices on Rougeau Avenue, indicating it has historically performed well relative to its immediate neighbours.

2. What does the "Elite" ranking for Year Built mean?
This means that among the 169 comparable properties on Rougeau Avenue, 423 Rougeau Avenue, built in 2006, is the newest. It is a significant outlier, as the average build year on the street is 1982. You are getting one of the most modern homes in the locale.

3. Is the living area spacious enough for a small family?
At 1,082 sqft, it is above the average size for homes on Rougeau Avenue (~1,015 sqft) and near the average for the broader Mission Gardens area (~1,162 sqft). It is a compact but efficient footprint, well-suited for a couple, small family, or individual.

4. Why is the assessed value so much lower than the city-wide average assessed value shown?
The city-wide average assessed value listed (~$390k) includes all property types and values across Winnipeg. The more relevant comparisons are the local averages: $30.9k on its street and $37.3k in the Mission Gardens area. At $36.8k, this property’s assessment is strong for its specific neighbourhood context.

5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide the accurate figures manually via email request, with a promise of a reply by the end of the same day and no unsolicited marketing use of your contact information.