Property Overview: 55 Brian Street, Winnipeg
Key Characteristics & Appeal
This home at 55 Brian Street in the Rossmere-A neighborhood is a quintessential, well-maintained property from the 1970s. With 1,057 sqft of living space on a 5,718 sqft lot, it presents as a solid, average-sized home for the area. Its appeal lies in its established community setting and its position as a financially sensible choice. The municipal tax assessment of $357,000 is notably higher than the Rossmere-A average, which can sometimes indicate above-average updates, finishes, or a favorable lot location compared to immediate neighbors.
The data suggests it would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a move-in ready property in a mature neighborhood over a fixer-upper or a brand-new build. A thoughtful perspective is that while the home's size is common, its stronger assessment ranking within the community hints at perceived value that may not be immediately obvious from basic specs, potentially offering a stable investment in a neighborhood of similar, well-kept homes.
Frequently Asked Questions
1. How does the tax assessment compare to likely market value?
The home's tax assessment ($357,000) is above the Rossmere-A average. Assessments are for municipal taxation and don't always equal market price, but a higher assessment can reflect recent improvements or desirable attributes. Checking recent sale prices of similar nearby homes is essential for comparison.
2. Is the 1970 build date a concern for major systems?
Homes from this era are common in Winnipeg. The key is the maintenance and updates over the years. A pre-purchase inspection is crucial to verify the condition of the roof, foundation, plumbing, electrical, and heating systems, as some may be nearing the end of their typical lifespan.
3. What does the living space size mean for a family?
At 1,057 sqft, the home is slightly below the city average but typical for the street and neighborhood. It comfortably suits a small family or couple. Buyers should consider if the layout and room sizes match their specific needs for living, storage, and potential future requirements.
4. How does the lot size compare, and what are the implications?
The lot is just under 5,800 sqft, slightly smaller than the street average but very close to the neighborhood average. This is a standard residential lot for the area, offering a manageable yard for gardening or recreation without excessive maintenance.
5. Where can I find accurate historical sale price data for this home?
The page notes a sale between $300,000-$350,000 in May 2019. For precise sale history, the site states that due to industry restrictions, exact MLS data is not publicly displayed. They offer to provide accurate records manually via email request upon registration.