Property Overview: 594 Cedarcrest Drive, Winnipeg
Key Characteristics & Appeal
This home at 594 Cedarcrest Drive in the Rossmere-A neighborhood presents a solid, value-oriented opportunity. Built in 1960, it is actually one of the older homes on its specific street, which may suggest well-established landscaping and mature character. With 996 sqft of living space, the home is more compact than average for both the neighborhood and the city, indicating a efficient, manageable layout suited to simpler living or a smaller household.
The property’s standout feature is its 6,050 sqft lot, which is above average for the area. This offers valuable outdoor space and potential for gardening, expansion, or simply more privacy than newer, denser subdivisions provide. With an assessed value of $339k, it sits very close to the average for its immediate street and neighborhood, but notably below the Winnipeg citywide average for comparable homes, suggesting a relatively accessible entry point into the market.
Its appeal lies in this balance: a lower-maintenance sized home on a generous lot in an established community. It would suit first-time buyers, downsizers, or practical investors looking for a footprint that doesn’t overextend them. The data indicates it last sold in mid-2016 for between $250k-$300k, which, compared to its current assessment, invites questions about updates made in the interim and the overall market movement in the area.
Frequently Asked Questions
1. Is the living area too small?
At 996 sqft, the home is smaller than many in Winnipeg. This is ideal for those seeking lower utility costs and less space to maintain, but buyers should verify the room count and layout to ensure it meets their needs.
2. How does the 1960 build year affect the home?
Being one of the older homes on the street means potential for character, but also necessitates a thorough inspection for aging components like the roof, windows, plumbing, and electrical systems.
3. What does the above-average lot size mean for me?
The 6,050 sqft lot is a significant asset. It provides more yard space than many neighboring properties, which could be used for recreation, gardening, or future projects like a shed or deck.
4. The assessed value is $339k, but what might it sell for?
The assessed value is for municipal taxation and is a benchmark. The sale price will be determined by the current market, condition of the home, and recent sales of similar properties (comparables). The home’s value ranks higher citywide (58th percentile) than within its own neighborhood (39th percentile), which is an interesting dynamic to discuss with a local agent.
5. How can I find out the exact price it last sold for?
The public data shows a range ($250k-$300k) for its mid-2016 sale. To obtain the exact historical sale price, you must request it directly from the source providing this data, as noted on the detail page.