136 Mill Rock Road

Property Overview: 136 Mill Rock Road

Key Characteristics & Appeal

This property presents a distinct value profile within Winnipeg's Rosser-Old Kildonan area. Its most defining feature is its assessed value of $121k, which is significantly below both the neighbourhood average (approx. $544.7k) and the city-wide average (approx. $390.1k) for comparable homes. The lot size of 3,245 sq ft is also considerably smaller than the large average lots in this part of the city.

The appeal lies primarily in its position as an entry-point opportunity into the Winnipeg market or the specific neighbourhood. It suits buyers with a limited budget seeking homeownership, or investors looking for a lower-cost asset with potential for value addition. The data suggests it is not a typical home for the area, which could mean a smaller, older, or more modest property. This creates a pragmatic opportunity for a buyer less concerned with premium features and more focused on securing an address in the community at a manageable price point. A thoughtful perspective is that this property's below-average metrics might offer insulation from higher property taxes, which are based on assessed value, representing an ongoing cost savings.

Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is based on the property's specific attributes, such as the size and condition of the home, the lot dimensions, and other factors. Being significantly below area averages typically indicates a more modest home, a smaller lot, or a combination of such factors compared to its neighbours.

2. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, its "Below Average" city-wide ranking for value means its assessed value is lower than most homes in the city. This isn't inherently good or bad; it simply quantifies its position in the market as a lower-valued property.

3. How can I find out the actual sale history and exact previous sold prices?
The site does not display MLS transaction data. To obtain verified sale history and exact figures, you must request a manual lookup via the email option provided. They state they will provide this information directly without using your email for marketing.

4. The lot size seems small for the area. Is that a concern?
The land area is below the neighbourhood average, which consists of much larger lots. This isn't a concern if it meets your needs, but it is a key reason the assessed value is lower. It's a trade-off: you get a lower price and potentially less maintenance, but less outdoor space than is typical for Rosser-Old Kildonan.

5. Are the nearby listed properties good comparables?
The listed nearby homes have similar assessed values (mostly between $121k-$137k), suggesting they are likely similar in scale and market position. This indicates the property is not an outlier on its immediate street, but rather part of a cluster of more modestly valued homes within a broader area of higher-value properties.