Property Overview: 47 Aspenwood Place, Winnipeg
Key Characteristics & Appeal
This 1,154 sqft bungalow, built in 1988, presents a solid, middle-ground opportunity in the Rossmere-A neighborhood. Its primary appeal lies in its strong positional value within a broader context. While the home is slightly smaller and has a lower assessed value than others on its own street, it stands well above the neighborhood average for assessed value, indicating it is perceived as a higher-quality asset in the Rossmere-A area. The 1988 build date is notably newer than most homes in the wider neighborhood and city, suggesting potentially fewer immediate concerns with aging infrastructure compared to older peers.
The property suits practical buyers looking for a home that is newer than average for the area, without being the largest or most expensive on the block. It represents a sensible entry into a street of seemingly higher-value homes, offering a balance between a desirable location and a manageable scale. The lot size is consistent with area norms, providing typical outdoor space without standing out as either expansive or constrained.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data suggests a mixed picture. Its assessed value is above the Rossmere-A neighborhood average, but below the average for Aspenwood Place itself. This could mean it offers relative value on a street of nicer homes, but you are paying a premium for the newer build and location within the neighborhood.
2. How does the living space compare to typical homes?
At 1,154 sqft, it's close to the neighborhood average but smaller than many homes on its own street and the Winnipeg average. It is a comfortably sized bungalow, but buyers seeking abundant space may find it compact compared to immediate neighbors.
3. What does the 1988 build year imply?
Built in 1988, this home is significantly newer than the typical Rossmere-A home (average 1964) and the Winnipeg average. This often translates to building codes, wiring, plumbing, and insulation that are more modern, which can be a major advantage over mid-century builds.
4. What was the previous sale price?
Public records indicate it last sold between September 2020 for a price between $350,000 and $400,000. For verified, exact historical sale figures, you can request a manual lookup from the site.
5. How does the assessed value relate to market price?
The assessed value of $406k is for municipal tax purposes and is a lagging indicator. It can be influenced by many factors and is not a direct appraisal of current market value. It's best used as a comparative tool against other homes, where this one ranks highly within its neighborhood.