Property Overview: 6-227 Edison Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 6-227 Edison Avenue in the Rossmere-A neighborhood presents a solid, value-oriented opportunity. Built in 1979, its 1,038 sqft living area is notably above average for its specific street and comfortably on par with wider area and city averages, offering practical space without being oversized. The standout characteristic is its municipal tax assessment value of $220,000, which ranks exceptionally high for its immediate street (top 4%) and above average for the Rossmere-A community. This suggests the property is assessed favorably relative to its direct neighbors, which can be an indicator of perceived value or improvements.
The appeal lies in its position as a stable, middle-ground property within a mature neighborhood. It suits practical buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize fundamentals over flash. It’s a property that performs well in its immediate context rather than standing out city-wide. A thoughtful perspective is that a home ranking so high in assessment value on its street but closer to average city-wide may offer a "big fish in a small pond" advantage, potentially providing more house and lot for your dollar compared to immediate neighbors, while still being priced accessibly within the broader market. Historical sale data indicates steady value retention, with the last recorded sale in 2022 falling in the $200,000-$250,000 range.
Frequently Asked Questions
1. What does a high tax assessment ranking on the street actually mean?
It means the city’s assessed value for this property is among the highest on Edison Avenue. This can reflect factors like lot size, building condition, or improvements relative to neighbors. It doesn't directly set the market price, but it can indicate the property is considered a higher-value asset on its block.
2. Is the 1979 build year a concern?
The home is older than the average house on its street but is actually newer than the average for the Rossmere-A community. This suggests the neighborhood is well-established, and the property is among the more recent builds in the area. Standard inspections for a home of this age are recommended.
3. How accurate are the listed past sale prices?
The site provides approximate sale price ranges (e.g., $200K-$250K in 2022) based on public data. For precise historical sale figures, they offer a manual service where you must request the information via email, as they do not have direct access to official MLS sales records.
4. Who would this property suit best?
It would suit a value-conscious buyer looking for a home that offers more space than others on the same street, within a stable, mature neighborhood. It's a practical choice for those whose lifestyle is centered more on the home itself and immediate community than on city-wide prestige.
5. The home is listed with a "0 metres" distance to other addresses on Edison Avenue. What does this mean?
This indicates the listed homes share the same civic address number (227) but have different unit numbers (e.g., 1-227, 2-227). This is common in townhouse complexes, duplexes, or other subdivided properties, meaning this is likely a attached or semi-detached home within a small cluster of similar properties.