Property Overview: 164 Eade Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This Rossmere-A home presents a balanced, grounded opportunity in the Winnipeg market. Built in 1960, its 1,083 sqft living space is squarely average for both its street and neighborhood, indicating a comfortable, typical layout for the area. The true standout feature is the land: at 7,718 sqft, the lot size is significantly above average, ranking in the top 8% of the Rossmere-A neighborhood. This offers substantial outdoor space for gardening, recreation, or future expansion that is uncommon in many city lots.
The home’s assessed value of $350k sits above average for its immediate area, suggesting it is viewed favorably relative to its local peers. Its appeal lies in this combination of a well-sized, established lot with a home that is in line with community norms—a solid base in a mature neighborhood. It would suit practical buyers looking for space and stability over modern finishes, such as first-time homeowners seeking room to grow, or downsizers who still value a generous private yard without the upkeep of a much larger house. A thoughtful perspective is that while the home itself is unexceptional in size or age, owning a larger-than-average lot in a long-established area provides a form of long-term security and potential that smaller parcels do not.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The property last sold between $300k-$350k in August 2021. This sale price was in the top 30-36% for the area at the time, indicating a strong historical value. For exact, verified sale figures, a manual records lookup is required.
2. Is the house older than others nearby?
Yes, slightly. Built in 1960, it is a bit older than the average home on Eade Crescent (avg. 1961) and in Rossmere-A (avg. 1964). Buyers should budget for maintenance appropriate for a home of this age.
3. What does the “above average” lot size practically mean?
With a lot nearly 2,000 sqft larger than the neighborhood average, you have significantly more yard space than most nearby properties. This could allow for features like a larger shed, a more extensive garden, or greater distance from neighbors.
4. The assessed value is above the street average. Does that mean it’s overpriced?
Not necessarily. A higher assessment can reflect desirable attributes, like the substantially larger lot, better condition, or improvements. It’s a benchmark for municipal taxation, not market price, but indicates the property is considered a higher-value asset on its street.
5. How can I get precise historical sale data for this property?
The provided sold price is an estimated range from public data. For fully verified and exact transaction history, you must request a manual lookup from the site, which will provide the information via email.