Property Overview: 609 Mark Pearce Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This home at 609 Mark Pearce Avenue in Rossmere-A is a well-established property that offers solid value within its immediate neighborhood. Built in 1960, it is actually one of the older homes on its specific street, which may appeal to those interested in a mature, settled area. With 1,017 sqft of living space, it is very typical for the street and Rossmere-A neighborhood, though slightly more compact than the Winnipeg average. The lot size of 5,493 sqft is modest for the street but aligns with neighborhood norms.
Its primary appeal lies in its position as a competitively priced entry into a stable community. The assessed value of $316k is below the street average, suggesting a potentially lower property tax burden relative to nearby homes. Recent sale history indicates strong appreciation, with the last sale in late 2023 ranking in the top tier for the area. This points to a home that is seen as a desirable and sound investment within its local market context.
This property would best suit first-time buyers or practical downsizers seeking an affordable, no-fuss home in a quiet Winnipeg neighborhood. It’s for someone who values neighborhood consistency over a standout lot or a newer build, and who is comfortable with a home that may require updates reflective of its era. A thoughtful perspective is that its "average" size and below-average street valuation could be an advantage, offering a comfortable fit in the community without a premium price tag for extra square footage you might not need.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value of $316,000 is below the average for Mark Pearce Avenue ($339k), but very close to the Rossmere-A neighborhood average ($330k). This suggests it is priced appropriately for the broader area while potentially offering a value position on its own street.
2. Has the property value increased?
Yes. Public data shows it sold for an estimated $300k-$350k in 2019 and then for $400k-$450k in 2023. This represents significant appreciation, with the 2023 sale price ranking in the top 10% for the street.
3. Is the lot size a disadvantage?
The lot is smaller than most on Mark Pearce Avenue but is near the average for the Rossmere-A neighborhood. It provides standard outdoor space for the area, which is sufficient for gardening or recreation, but may not suit those seeking an exceptionally large yard.
4. What should I know about the home’s age?
Built in 1960, it is older than most Winnipeg homes. Buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, which are common considerations for homes of this vintage. Its older age on the street also indicates a long-established, stable streetscape.
5. Where can I see comparable nearby properties?
The listing provides examples of similar homes in Rossmere-A, such as 625 Mark Pearce Ave (1,048 sqft, $320k assessment) and 1156 De Graff Place (1,127 sqft, $316k assessment). These offer a direct comparison for size, age, and value within the same community.