Property Overview: 605 Mark Pearce Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a quintessential, well-established property in the Rossmere-A neighbourhood. Built in 1960, it is among the earlier homes on its street. With 996 square feet of living space, the house is notably compact compared to area averages, suggesting a efficient, manageable layout. The lot size of approximately 5,500 square feet is also slightly below the street average but is consistent with many homes in the wider neighbourhood.
Its primary appeal lies in its position as a potentially accessible entry point into a stable community. The assessed value of $297k is significantly below the averages for both the street and the city, which may indicate an opportunity for value-conscious buyers. This property would suit first-time homebuyers, downsizers, or investors looking for a straightforward, lower-maintenance footprint. It’s a practical choice for someone prioritizing location and community over square footage, with the understanding that it offers a solid foundation that may benefit from updates over time.
A less obvious perspective is that its "below average" metrics in size and value could be a strength for the right buyer. It represents a chance to own a home in the area without a premium price tag, potentially allowing for budget to be allocated towards renovations or landscaping to personalize the space.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 996 sqft, the living area is smaller than most comparable homes on Mark Pearce Avenue and in the Rossmere-A neighbourhood, placing it in the bottom quarter for size locally.
2. Is the assessed value typical for the area?
No, the assessed value of $297,000 is below the local average. On its own street, it ranks as the lowest assessed value among the 72 comparable properties listed.
3. When was it last sold and for how much?
Records indicate a sale between June 2016 for a price in the range of $250,000 to $300,000. Exact sale figures require a manual lookup from the provider.
4. What is the year of construction, and is that common here?
The home was built in 1960. This is typical for the street, which has an average build year of 1960, making it one of the older homes in this specific cluster.
5. Are there similar properties nearby for comparison?
Yes. Several nearby homes on Mark Pearce Avenue, Kingsford Place, and Edison Avenue have similar build years (1959-1961) and living areas (1,032 - 1,127 sqft), with assessed values ranging from $279k to $345k, providing a good context for comparison.