Property Overview: 2029 Rothesay Street, Winnipeg
Key Characteristics & Appeal
This 1983-built home in River East presents a compelling blend of space, value, and established community. Its key appeal lies in offering above-average attributes for its immediate street, positioning it as a standout property on Rothesay Street. With 1,320 sqft of living area, it is notably larger than the street average. More significantly, the 7,277 sqft lot is substantially larger than most on the block, offering rare potential for outdoor living, gardening, or expansion. The assessed value of $423k is well above the street average, reflecting these advantages.
The home suits buyers looking for a solid, established property in a mature neighbourhood without sacrificing interior or yard space. It’s ideal for those who value a larger private lot over a newer build, and for families or individuals seeking room to grow outdoors. A thoughtful perspective is that this property represents a "best-in-class" option for its specific street—offering more modern construction, more space, and a larger land parcel than most of its direct neighbours, which can be a stable value proposition.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home at this address sold in July 2022 for between $500,000 and $550,000. This sale price ranked in the top 9% for the River East area at the time, indicating strong market recognition for the property's attributes.
2. Is the lot size a significant feature?
Yes. The land area of 7,277 sqft is a defining characteristic, ranking in the top 8% on Rothesay Street. It provides a much larger yard than the typical property in the immediate vicinity, which is a considerable advantage for privacy, recreation, or future projects.
3. How does the home’s age affect its value?
Built in 1983, the home is newer than most on its street and in the River East neighbourhood. This suggests potentially fewer immediate concerns with major aging components compared to older area homes, while still being part of a well-established community.
4. Are the assessed value rankings contradictory?
Not necessarily. The assessment ($423k) ranks very high on its specific street but is closer to average in the wider area and city. This indicates you are paying for a premium property for this particular location, which may offer better value than a similarly priced home in a more uniformly expensive district.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for general reference. To obtain the exact sale figure and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.