Property Summary: 567 Edison Avenue, Winnipeg
Key Characteristics & Appeal
This 1,153 sqft bungalow, built in 1960 on a 6,436 sqft lot in Rossmere-A, presents a solid, above-average offering within its immediate context. Its primary appeal lies in its strong positioning relative to its own street and neighborhood. The home boasts a larger-than-average lot for the area, providing valuable outdoor space, and its living area and assessed value consistently rank in the top 20-30% of comparable homes on Edison Avenue. This suggests it is a well-sized and proportionally valued property within its most direct peer group.
The data indicates it would suit practical buyers looking for a established home in a stable neighborhood. It’s particularly suited for those who value space and see potential in a property that already outperforms many local benchmarks. A thoughtful perspective is that while the home is average or slightly below when compared to the entire city, its local strength offers a relative value proposition—you’re acquiring a stand-out property on its block, which can contribute to stability and pride of place. It’s a home for someone who prioritizes community standing over city-wide comparison.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it consistently ranks above average on its own street (Edison Avenue) for lot size, living area, and value. Compared to the wider Rossmere-A neighborhood, it remains above average for lot size and value.
2. What is the likely sold price?
The property last sold between $350,000 and $400,000 in late 2021. To obtain the exact historical sold price, you must request a manual lookup from the site via email, as they do not display MLS records.
3. Is the 1960 build date a concern?
The year built is typical for the street and area. Prospective buyers should focus on the condition of major aging components like the roof, windows, and mechanical systems, which would be expected to have been updated or be nearing their lifespan.
4. What does the assessed value tell us?
The assessed value of $350k is above the local street and neighborhood averages, but below the city-wide average for comparable homes. This typically reflects municipal valuation for tax purposes and suggests the property is considered desirable within its immediate market.
5. How usable is the large lot?
At over 6,400 sqft, the lot is a significant asset. It offers ample space for gardening, recreation, or potential expansions like a shed or deck, providing more private outdoor space than many neighboring properties.