Property Overview: 198 De Graff Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This Rossmere-A home presents a solid, middle-of-the-road offering with one standout feature: its generous lot. Built in 1961, the 1,067 sqft house is very typical for its street and neighborhood in terms of size, age, and value. Its assessed value of $342k sits close to area averages, and it last sold for an estimated $350k–$400k in mid-2024.
The primary appeal lies in the land. At 7,722 sqft, the lot size is well above average, ranking in the top 7% for the Rossmere-A neighborhood. This offers significant potential for outdoor living, gardening, expansion, or simply enjoying more private space than is common in this price range. The home suits practical buyers looking for a stable, established community without extreme metrics—neither the smallest nor the most expensive. It’s a fit for those who value space over a modern or recently renovated interior, seeing the property as a comfortable home with room to grow or customize over time.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is remarkably average in most aspects (size, value) for Rossmere-A, but its lot size is a significant positive outlier. It’s a home that blends in on paper but stands out on the ground due to its land.
2. What does the sold price range from 2024 indicate?
The estimated sale price of $350k–$400k placed it in the top 18% for the neighborhood at that time, suggesting it may have had updates, desirable condition, or that the premium lot size commanded a price above its assessed value.
3. Is the 1961 build date a concern?
While older, it’s actually newer than many on its street (ranking in the top 12%). Buyers should expect standard considerations for a home of this era, but it is not an outlier for age in this established area.
4. How reliable is this sold price data?
The site notes this data is from public online sources, not the MLS, and is presented as a range. For a fully verified transaction history and exact price, you must request a manual lookup from the site via email.
5. Who might this property not suit?
It may not suit buyers seeking a move-in-ready modern home, a very large interior living space, or a property that is a top-tier standout in every category. Its appeal is grounded in balance and the specific advantage of a larger lot.