Property Overview: 597 Cedarcrest Drive, Winnipeg
Key Characteristics & Buyer Profile
This home at 597 Cedarcrest Drive in the Rossmere-A neighborhood presents a solid, established property with clear strengths in its immediate context. Built in 1960, its 1,006 sqft living area is typical for its street and neighborhood but is modest compared to the Winnipeg citywide average. The appeal lies in its above-average positioning on Cedarcrest Drive itself. It boasts an assessed value ($357k) and lot size (6,048 sqft) that rank well above the street and neighborhood averages, suggesting a premium property within its local peer group. The home last sold in late 2022 for an estimated $350k–$400k.
This property would suit a practical buyer looking for a well-situated home in a mature neighborhood without the footprint or upkeep of a larger, newer house. It’s for someone who values a generous lot and strong local comparables over maximizing interior square footage. A thoughtful perspective is that this home represents a "neighborhood anchor"—its consistent above-average assessments on its street indicate a perceived stability and desirability that can be reassuring. It may appeal to downsizers from larger homes in the area or first-time buyers seeking a manageable property with established roots and space to grow outdoors.
Frequently Asked Questions
1. How does this home’s size compare to others?
The living area is about average for the street and Rossmere-A neighborhood, but below the average for the entire city of Winnipeg. It’s a comfortably sized home for its immediate area.
2. Is the assessed value high for the area?
Yes. The assessed value ranks in the top 16% on its own street and top 23% in the Rossmere-A neighborhood, meaning it is consistently valued higher than most direct comparables.
3. What is the lot size like?
The lot is a notable feature at over 6,000 sqft, ranking above average at the street, neighborhood, and citywide levels. It offers more outdoor space than many similar properties.
4. When was it last sold and for how much?
It was sold in December 2022. Public price data indicates a sale range between $350,000 and $400,000. The exact sale price can be requested from the site.
5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references on streets like Mark Pearce Avenue and Oakland Avenue, with similar vintage, living areas, and assessed values generally ranging from the low $300,000s to $360,000.