Property Overview: 1480 Rothesay Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1967-built home in Rossmere-A presents a practical and affordable entry point into the Winnipeg market. With 965 square feet of living space and an assessed value of $235k, it stands out for its notably lower price point compared to most homes on its street, in the neighborhood, and across the city. Its appeal lies in its financial accessibility and the potential it represents.
While the living area and lot size (3,263 sqft) are modest and below local averages, this translates to lower maintenance and utility costs—a significant consideration for budget-conscious buyers. The home’s age is typical for the area, suggesting a well-established streetscape. It would suit first-time homebuyers, investors seeking a rental property, or downsizers looking for a manageable footprint without leaving a mature neighborhood. A thoughtful perspective is that a home priced well below area averages can provide a cushion for renovations or updates, allowing a buyer to add value over time without overcapitalizing for the street.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value of $235k is significantly below averages for the street ($306k) and area ($330k). This typically reflects the home’s smaller size, lot dimensions, and potentially its current condition or layout compared to others. It indicates a more affordable tax base and purchase price.
2. How does the home's size compare to others nearby?
At 965 sqft, the living area is below the average for Rossmere-A (1,116 sqft) and Winnipeg overall (1,342 sqft). This suggests a compact, efficient layout, which may be ideal for those seeking simplicity but should be verified by a viewing to ensure it meets space needs.
3. What is the history of sales for this property?
Public records show it last sold between 2016-2025 for an estimated $200k-$250k. For fully verified and exact sale figures, a manual lookup through the site’s email request service is required, as MLS data is not displayed.
4. Is the lot size a disadvantage?
The 3,263 sqft lot is smaller than many in the area. This means less yard maintenance, which can be a positive for some, but may limit expansion possibilities or extensive gardening. It’s around average for Rothesay Street itself.
5. Are comparable homes nearby also from the same era?
Yes. The home was built in 1967, which is consistent with many nearby properties built in the mid-to-late 1960s. This is a common vintage for the Rossmere-A area, so expectations for the home’s style and potential systems (like plumbing or electrical) should be aligned with that period.