Property Overview: 477 Mark Pearce Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Rossmere-A neighborhood. Built in 1960, its key characteristic is a well-sized, roughly 6,000 sqft lot that is above average for both the street and the area, offering good outdoor space. The living area of 972 sqft is modest, ranking below local averages, suggesting a more compact and efficient layout. The assessed value of $348k sits above the immediate neighborhood average, indicating the property is viewed favorably relative to its direct peers, though it is around the citywide midpoint.
Its appeal lies in this balance: a desirable lot size paired with a manageable, lower-maintenance footprint. It would suit first-time buyers seeking an entry point into a stable neighborhood with room to garden or expand, or downsizers looking to maintain a yard without the upkeep of a larger house. A thoughtful perspective is that while the home itself is smaller, its above-average valuation for the street suggests it may have been updated or maintained well compared to immediate neighbors, potentially offering move-in readiness.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. At 972 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a more compact home, which can mean lower utility costs and less maintenance.
2. Why is the assessed value higher than the neighborhood average?
The assessed value of $348k is above the Rossmere-A average. This often reflects factors like the property's above-average lot size, its condition, specific improvements, or its positioning within a desirable pocket of the neighborhood.
3. How has the property's value changed over time?
Previous sold data shows the home sold between $350k-$400k in 2021 and between $250k-$300k in 2016. This indicates significant appreciation over that five-year period, consistent with broader market trends.
4. What does the lot size mean for me?
At over 6,000 sqft, the lot is a standout feature. It provides ample space for gardening, recreation, or potential future additions like a shed, deck, or expansion, which is a valuable asset in a mature neighborhood.
5. How can I get the exact historical sold prices?
The displayed prices are estimated ranges. Due to data regulations, exact sale figures require a manual lookup. You can request this information directly via the email option provided on the listing page to receive verified details.