Property Overview: 542 Paufeld Drive, Winnipeg
Key Characteristics & Appeal
This Rossmere-A home presents a practical opportunity in a mature Winnipeg neighbourhood. Its key characteristic is a compact 900 sqft living area, which is notably smaller than most comparable homes on its street, in the area, and across the city. However, this is balanced by a solid assessed value of $337k, which sits comfortably around the average for its immediate vicinity, suggesting the price reflects the home's scale.
The appeal here is nuanced. For buyers seeking a lower-maintenance property without a premium lot size, the efficient footprint could be a benefit. The home was built in 1977, making it newer than the vast majority on its street and in Rossmere-A, which may imply updates or systems that are relatively more recent. The lot is a standard size for the area. This property would likely suit first-time buyers, downsizers, or investors looking for a straightforward, entry-level home in a stable neighbourhood without the upkeep of a larger house. Its value proposition is rooted in its newer build date within an older area and a price point that aligns with local averages, offering a foothold in the community.
Frequently Asked Questions
1. Is the living area too small?
At 900 sqft, the home is smaller than typical houses on the street and in Winnipeg overall. It will suit those who prioritize efficient, manageable space over roominess.
2. How does the assessed value compare?
The $337k assessment is very close to the street average of $348.5k and slightly above the neighbourhood average. This indicates the property is valued in line with its immediate location, not penalized for its smaller size.
3. What does the "newer" 1977 build year mean?
On a street and in a neighbourhood where many homes are older, a 1977 build can be an advantage. It may indicate potentially newer major components (like roofing, wiring, or plumbing) compared to neighbours, but a specific inspection is needed.
4. What can past sale prices tell me?
The home sold in early 2023 for an estimated $350k-$400k, a price that ranked in the top 25% for the street at that time. This suggests strong market interest recently. A prior 2016 sale was at a more moderate price point.
5. How can I get exact historical sale prices?
The provided data shows estimated price ranges. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records directly.