Property Overview: 47 Gemini Avenue, Winnipeg
Key Characteristics & Appeal
This Rossmere-A home presents a solid, well-positioned option in the Winnipeg market. Built in 1972, it is slightly newer than many of its immediate and neighborhood peers, offering potential advantages in terms of build standards or updates. With 1,230 sqft of living space and a 5,499 sqft lot, its size is very typical for the street and area, providing a comfortable footprint without standing out as unusually large or small.
The primary appeal lies in its strong standing within the desirable Rossmere-A neighborhood. Its assessed value of $381k ranks well above the area average, indicating it is perceived as a higher-quality home within its local context. This is supported by its recent sale in late 2024 within the $400k-$450k range, a price point that placed it in the top tier of sales for the area. The data suggests a property that is competitive and well-regarded in its specific community, even if its metrics are more average when viewed across the entire city.
This home would suit buyers looking for a move-in ready, established property in a stable neighborhood. It’s ideal for someone who values being above the local average in terms of value and condition, without necessarily seeking a standout "project" house or a brand-new build. It represents a pragmatic choice for growing families or professionals seeking space and community, offering more value within Rossmere-A than a similar investment might elsewhere in Winnipeg.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold for between $400,000 and $450,000 in late 2024, which is notably higher than its $381,000 assessed value. This suggests the market valued specific features or conditions not fully captured in the assessment, and that it was a competitive property at the time of sale.
2. Is the living space adequate for a family?
At 1,230 sqft, the living area is above the Rossmere-A neighborhood average. It is a practical size for a small to medium-sized family, very much in line with the typical home on Gemini Avenue, which averages 1,166 sqft.
3. What does the year built (1972) imply for maintenance?
Being built in 1972 places this home in an era where major systems like roofing, plumbing, or electrical may be due for updates or have been recently replaced. Its ranking as newer than 94% of homes on its street is a positive, but a thorough inspection for era-specific components is always advised.
4. How does the lot size compare, and what are the implications?
The lot of 5,499 sqft is average for the street and neighborhood. It provides standard outdoor space for gardening, play, or entertaining, but is not an unusually large or small parcel. It aligns with the typical suburban feel of the area.
5. Why are only estimated sold price ranges shown?
Exact sold prices are not displayed publicly due to industry data rules. The provided range is based on publicly available data. For verified, exact historical sale figures, a manual lookup must be requested directly from the site.