Property Overview: 4 Elaine Place, Rossmere-A, Winnipeg
Key Characteristics & Appeal
This home at 4 Elaine Place presents a compelling opportunity defined by its generous scale and established setting. Built in 1969, its primary appeal lies in its substantial living space of 2,428 sqft, which ranks within the top 1% of the Rossmere-A community and the top 3% city-wide, offering significantly more room than typical area homes. The property sits on an 8,448 sqft lot, also well above community and city averages, providing ample outdoor space and a sense of privacy.
The value proposition is nuanced. While the municipal tax assessment is close to the city average, the home’s living area and lot size are standout features for the neighborhood, suggesting a property that offers more "house and land" for the price compared to nearby listings. It suits buyers looking for spacious, single-family living in a mature, quiet area without the premium often attached to newer builds. It would particularly appeal to those who prioritize interior space and yard size over a modern build date, and who are prepared for the potential maintenance or updates that come with a home of this era. A thoughtful perspective is that its above-average metrics within a community of generally smaller homes could make it a lasting, versatile asset for a growing family or those who work from home.
Frequently Asked Questions
1. What is the likely price range for this home?
Based on available data, a similar property on this street sold for between $450,000 and $500,000 in August 2024. This provides a recent benchmark, though the final price will depend on the home's condition, updates, and market factors.
2. How does the property tax assessment compare?
The municipal tax assessment is $424,000. This is very close to the average for Elaine Place itself but ranks in the top 4% for the wider Rossmere-A community, indicating the home is assessed higher than most in the area, likely due to its larger size.
3. What are the less obvious considerations for a home built in 1969?
Prospective buyers should factor in the potential need for updates to major systems like plumbing, electrical, or the roof, which may be nearing the end of their service life. The style and layout are characteristic of the late 1960s, which may require some adaptation or renovation to suit modern tastes.
4. How does the lot size benefit a buyer?
At over 8,400 sqft, the lot is substantially larger than most in Winnipeg. This not only allows for larger gardens, play areas, or additions like a shed or deck but also provides greater distance from neighbors and more flexibility for future landscaping or projects.
5. Where can I find precise historical sale prices?
The platform notes that due to industry restrictions, precise MLS sale history is not displayed publicly. They offer a manual service where you can request the accurate sales data via email, and they will provide it directly without marketing spam.