Property Overview: 1881 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1881 Rothesay Street in River East presents a compelling blend of space, modernity, and established neighbourhood value. Its key strength is its generous living area of 1,676 sqft, which ranks in the top 6% on its own street and above both neighbourhood and city averages. Built in 1983, it is a newer home relative to most on the block, offering potential advantages in building materials and systems. The assessed value of $433k is notably above average for the immediate street, suggesting the property is a premium offering in its micro-location.
The appeal lies in its position as a larger, more contemporary home on a street of generally older, smaller properties. It suits buyers looking for move-in-ready space without venturing into newer suburban subdivisions, preferring the mature setting of River East. It would particularly resonate with those who value above-average interior square footage over an exceptionally large yard, as the lot size is more in line with typical city dimensions. This property is for the buyer who wants a standout home on a established street, not just a comparable one.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to likely market price?
The assessed value of $433k is for municipal tax purposes and is a historical snapshot. It indicates the home is valued higher than most on its street. Market price is determined by current conditions, but this assessment suggests it has been considered a higher-value property in its immediate context.
2. Is the 1983 build year an advantage?
Yes, relatively. Being newer than the street and area averages (1972 and 1976, respectively) often means updates to major components like wiring, plumbing, and insulation may have been part of the original build, potentially reducing immediate renovation needs.
3. How does the lot size compare?
At just under 6,000 sqft, the lot is larger than the average for Rothesay Street but slightly smaller than the broader River East and Winnipeg averages. It offers a balanced yard space—manageable for maintenance while still providing good outdoor room.
4. What do the recent sales on the street indicate?
A nearby home at 1672 Rothesay Street (older, smaller, with a lower assessed value) sold in 2022 in the CA$350k–400k range. This highlights that 1881 Rothesay, with its superior specs, likely commands a premium, but reviewing exact sale prices for the most precise comparison is recommended.
5. Where can I get verified historical sale data for this property?
The provided data is aggregated from public sources. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site administrators, as this information is not displayed directly due to industry data rules.