Property Overview: 681 McLeod Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 681 McLeod Avenue in the Rossmere-A neighborhood is a quintessential Winnipeg property that represents solid, middle-of-the-road value. Built in 1959, it features 1,043 square feet of living space on a 5,280 sqft lot, with a current assessed value of $309,000.
Its primary appeal lies in its consistency and positioning within a stable, established community. The data shows the home performs at or slightly below average in most metrics for its immediate street and neighborhood, but notably outperforms the citywide average for value, ranking in the top 68%. This suggests you are getting a competitively priced home for Winnipeg, even if it's not the largest or newest on its block. It last sold in mid-2017 for an estimated $250k-$300k.
This property would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable investment in a mature neighborhood over standout luxury or size. It’s for someone who sees the appeal in a home that doesn’t command a premium for being the biggest, but instead offers a manageable footprint and a price point that leaves room for personal updates over time. The lot size, while smaller than the street average, is still very workable for low-maintenance gardening or outdoor space.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the rest of Winnipeg?
Yes, based on the assessment data. The home’s assessed value ranks in the top 68% citywide, meaning its valuation is more favorable compared to the average Winnipeg home than it is against its direct neighbors. This indicates a relatively strong value proposition within the broader market.
2. How does the lot size impact the property?
At 5,280 sqft, the lot is smaller than the average for McLeod Avenue (6,545 sqft). This typically means less yard maintenance and potentially a more neighborly feel, but may offer less privacy or space for large additions or pools compared to others on the street.
3. The home was built in 1959. What should I consider?
Homes from this era often have solid construction but may require updates to major systems like plumbing, electrical, or insulation to meet modern efficiency standards. A thorough inspection is recommended to budget for any necessary upgrades or maintenance.
4. How does the living space compare?
At 1,043 sqft, the living area is slightly below the averages for both the street (1,148 sqft) and the neighborhood (1,116 sqft). This points to a cozy, efficient layout rather than a spacious one, ideal for smaller households.
5. Can I find out the exact price it last sold for?
The public data shows a sale occurred in June 2017 within the range of $250,000 to $300,000. The exact sale price is not publicly displayed in this summary, but can be requested directly from the source providing this data.