Property Overview
This 1970-built home at 60 Brian Street in Winnipeg's Rossmere-A neighborhood presents a practical opportunity in a mature, established area. With 1,169 sqft of living space on a 5,826 sqft lot, its key appeal lies in its relative value and positioning within its immediate context. The home's assessed value of $315k is notably below the street average ($352.9k), suggesting a potentially lower entry point compared to direct neighbors. It last sold in August 2023 for an estimated $350k-$400k.
The home suits first-time buyers or value-oriented investors looking for a foothold in a stable neighborhood. Its living area is above average for both the street and the Rossmere-A area, offering more interior space than many comparable local homes. A thoughtful perspective is that while the assessed value ranks at the bottom on its own street, it aligns more closely with neighborhood and citywide averages, indicating the street itself may have higher-value homes, which could be a positive for future equity.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
The assessed value of $315k is the lowest among the 23 comparable homes on Brian Street. This could reflect the home's specific condition, features, or updates relative to its neighbors. It's important to review the property's current state and consider a professional appraisal.
2. How does the living space compare to nearby homes?
The 1,169 sqft living area is above the average for both Brian Street (1,098 sqft) and the Rossmere-A neighborhood (1,116 sqft). This means you get more interior space than many homes in the immediate area.
3. What does the sale history indicate?
The home sold recently in August 2023. The exact sale price within the reported $350k-$400k range is available upon request. This recent activity suggests a motivated seller at that time and provides a very current market reference point.
4. Is the lot size typical for the area?
Yes. The 5,826 sqft lot is very close to the street average (5,794 sqft) and neighborhood average (5,685 sqft). It is a standard, manageable residential lot for the community.
5. The home was built in 1970. Is that older than most in the area?
No, it's actually newer than average for its immediate surroundings. It ranks 4th newest out of 23 on Brian Street, where the average build year is 1969. It is also newer than the broader neighborhood average (1964).