Property Summary: 56 Rougeau Avenue, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 1976-built home in Mission Gardens presents a practical opportunity. With 1,062 sqft of living space, it offers a layout that is notably efficient for its immediate street, ranking in the top 29% for size among comparable neighbours. This suggests a well-utilized floor plan that may feel more spacious than the area's average. The lot size of 3,304 sqft is manageable, requiring less maintenance than larger city plots, which can be a hidden benefit for those seeking a simpler yard.
The primary appeal lies in its position as a value-conscious entry point. The home's assessed value is consistently below average across all comparison levels—street, neighbourhood, and city-wide. This, coupled with its last known sale price range between $200k-$250k in 2020, indicates it could be an accessible option in today's market. It suits first-time buyers, downsizers, or practical investors looking for a functional home without a premium price tag. Its average age for the area means major components may be due for updates, appealing to buyers who want to add value through selective, modernizing renovations.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed values are for municipal tax purposes and are influenced by many factors, including home size, age, and specific location. This home's below-average valuation relative to the entire city is consistent with its more modest size and lot, and is typical for its specific area of Mission Gardens.
2. How does the living area compare to nearby homes?
The living space is a strong point for this property. It is above the average size for similar homes on Rougeau Avenue itself, meaning it likely offers more interior space than many of its direct neighbours.
3. What does the lot size mean for maintenance and potential?
At 3,304 sqft, the lot is smaller than many in Winnipeg. This translates to less yard work and lower outdoor maintenance. While it may limit possibilities for large additions, it provides a manageable private space.
4. The home is 50 years old. What should I consider?
Built in 1976, the home is of an age where core systems (like roof, windows, plumbing, and electrical) may need evaluation or have been partially updated. This is a typical consideration for homes of this vintage and can represent both a due diligence item and an opportunity to customize.
5. How can I find out the exact historical sale prices?
The precise sold prices are not publicly displayed. You can request the exact sale history by emailing the listing service through the provided button. They provide this data manually and state they do not use email addresses for unsolicited marketing.