Property Overview
This home at 59 Pinecrest Bay in Winnipeg's Rossmere-A neighborhood presents a compelling opportunity centered on its generous lot size and strong local standing. Built in 1968, the property features 1,326 sqft of living space and an assessed value of $408k. Its true distinction lies in the land—a 10,097 sqft lot that ranks in the top 4% on its street and top 2% within the broader neighborhood, offering well-above-average outdoor space.
Key Characteristics & Appeal
The primary appeal of this property is its exceptional lot size, which is a significant standout both on its street and in the Rossmere-A area. While the home itself is of a typical size and age for the community, its assessed value ranks highly on Pinecrest Bay (top 7%), suggesting it is considered a premium property on its specific block. The home last sold in 2017 for between $300k-$350k, indicating substantial growth in its assessed value since then. It would suit buyers who prioritize land and outdoor potential over a newer or larger house, such as those interested in gardening, expansions, or simply having more private space. It's also a strong candidate for someone looking for a home with established value in a stable, mature neighborhood.
Frequently Asked Questions
How does the assessed value compare to recent sales?
The current assessed value is $408k. The home last sold in April 2017 for an estimated $300k-$350k. For the exact historical sale price, you can request the information directly from the listing source.
Is the house larger or smaller than others nearby?
At 1,326 sqft, the living area is above average for both its immediate street (avg. 1,273 sqft) and the Rossmere-A neighborhood (avg. 1,116 sqft), but is close to the Winnipeg citywide average.
What does the "elite" ranking for the lot size mean?
It means the property's 10,097 sqft lot is significantly larger than most. It's the largest of 28 comparable lots on Pinecrest Bay and ranks in the top 2% of over 3,100 lots in Rossmere-A.
How does the age of the home compare?
Built in 1968, it is perfectly average in age when compared to similar homes on its street, in the neighborhood, and across Winnipeg.
What are similar homes on the street worth?
The average assessed value for comparable homes on Pinecrest Bay is $365.4k. With an assessment of $408k, this property is ranked 2nd highest out of 28 on the street, indicating it is valued considerably above its immediate peers.