132 Mill Rock Road

Property Overview: 132 Mill Rock Road, Winnipeg

Key Characteristics & Appeal

This property presents a unique profile defined by significant contrasts. Its most striking feature is its assessed value of $123k, which is dramatically lower than both the neighborhood average ($544.7k) and the Winnipeg city-wide average ($390.1k) for comparable homes. The lot size of 3,151 sq ft is also considerably smaller than the large lots typical in the Rosser-Old Kildonan area.

Its appeal lies squarely in its value proposition. It represents a very low barrier to entry into the Winnipeg market, suitable for a buyer with a strict budget or someone seeking a minimal property tax base. It would suit a first-time buyer, an investor looking for a rental property with lower carrying costs, or someone interested in land value who may consider future redevelopment. However, the context is important: while it ranks "elite" on its own street, this is due to a lack of direct comparisons, and its rankings are below average within the wider neighborhood and city. This suggests the home itself is likely modest, potentially older, or in need of updates. The buyer should be prepared for a project or a very basic dwelling, viewing the low assessment as a reflection of the home's current condition rather than an undervalued gem.

Frequently Asked Questions

1. Why is the assessed value so much lower than the area average?
The assessed value is based on the property's specific attributes, including the size and condition of the home, the lot size, and market factors. Given that the lot is much smaller than the neighborhood norm and the home's living area and year built are not listed (often indicating an older home), the assessment reflects a more modest property compared to the larger, potentially newer homes that pull the area averages up.

2. Is the sold price history available?
The public data on this site does not show a transaction history. You can request exact sold price figures and a full transaction history by emailing the site administrators, who will perform a manual lookup and provide the information directly.

3. What does the "Below Average" neighborhood ranking mean?
This ranking compares this property's assessed value to 559 others in Rosser-Old Kildonan. A rank of 560 out of 559 places it at the very bottom of that list, meaning its assessed value is the lowest in the defined neighborhood group.

4. How useful is the "Elite" street ranking?
This ranking has limited practical meaning because it is based on a comparison with zero other properties on Mill Rock Road in the dataset ("1 out of 0"). It doesn't indicate superiority, but rather that it's the only property being ranked on that specific street segment.

5. Who should I contact for verified, accurate sale data?
For fully verified figures and MLS records, you must contact a licensed real estate professional. This site provides data compiled from public sources and explicitly states it does not include or guarantee MLS data, which is the industry standard for accuracy.