Property Overview
This 1959-built home at 641 McLeod Avenue in Winnipeg's Rossmere-A neighborhood presents a solid, no-surprises opportunity in the market. With just over 1,050 square feet of living space on a 5,280 sqft lot, it sits comfortably in the middle of the pack for its immediate area in terms of size, value, and age. Its assessed value of $316k is notably below the Winnipeg city average for comparable homes, suggesting a potentially accessible entry point. The home last sold between $300k-$350k in late 2020.
Key Characteristics & Appeal
The primary appeal of this property is its consistency and stability within its community. It is not an outlier in any category—size, value, or lot—which can be reassuring for buyers seeking a predictable investment in an established neighborhood. Its value sits below both the street and city averages, which may offer relative value in a well-located area.
This home would suit first-time buyers or downsizers looking for a manageable, single-story footprint without major renovation projects, given its age. It’s also a practical fit for an investor seeking a straightforward rental property in a neighborhood of similar, stable homes. A less obvious perspective is that a home which metrics consistently as "average" for its immediate surroundings may experience less volatility and fewer surprises in terms of property taxes and resale comparison than a home that stands out as significantly larger or more valuable than its neighbors.
Frequently Asked Questions
1. Is this home priced below average?
Yes, based on assessed values. The home’s $316k assessment is below the average for its street ($334.6k), neighborhood ($329.8k), and is significantly under the Winnipeg city average for comparable homes ($390.1k).
2. How does the lot size compare?
At 5,280 sqft, the lot is smaller than the average lot on McLeod Avenue (6,545 sqft) but is close to the neighborhood average (5,685 sqft). It offers a standard outdoor space for the area.
3. When was it last sold and for how much?
It sold in November 2020 for a price between $300,000 and $350,000. Exact sale figures require a manual request through the site.
4. What are similar nearby homes like?
The provided comparisons show very similar homes built between 1958-1963, with living areas from 936 to 1,258 sqft and assessed values clustering between $309k and $348k. This indicates a uniform character to the area.
5. How can I verify the exact historical sale price?
Due to data source rules, exact sold prices are not displayed publicly on the site. You can request the exact figure via email, and the team will provide a manual lookup, typically by the end of the same day.