Property Overview: 693 McLeod Avenue, Winnipeg
Key Characteristics & Appeal
This 1959-built home in Rossmere-A presents a straightforward, mid-century property with metrics that consistently land in the "around average" range for its immediate street, neighborhood, and the wider city. With 1,046 sqft of living space on a 5,280 sqft lot and a current assessed value of $312k, it is a quintessential example of a stable, established Winnipeg home. Its appeal lies in its predictability and alignment with community norms, offering a lower-risk entry point into a mature neighborhood. The home last sold between $250k-$300k in late 2021.
This property would best suit pragmatic, first-time buyers or downsizers seeking a home without extremes—a manageable size, typical maintenance expectations for its age, and a value that closely mirrors its surroundings. It’s for those who prioritize neighborhood character and stability over standout features or modern square footage. A thoughtful perspective is that its consistent "average" rankings can be a strength, indicating a lower likelihood of overpaying relative to the area and a simpler valuation process.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The home’s assessed value is ranked in the top 65% on McLeod Avenue, but is slightly below the street’s average assessed value of ~$334.6k. This suggests it may present a relative value opportunity within its own row of houses.
2. What should I know about the home’s age and potential updates?
Built in 1959, it is slightly older than the average home on its street (avg. 1966). Buyers should budget for systems updates (like plumbing, electrical, or roofing) common to homes of this era and investigate any renovations already completed.
3. How does the lot size compare?
At 5,280 sqft, the lot is smaller than the street average of 6,545 sqft. This means a more manageable yard for maintenance, but potentially less private outdoor space than some neighbors.
4. Can I get the exact price it last sold for?
The public data shows a sale in October 2021 for between $250,000 and $300,000. For verified, exact sale figures, you must request a manual lookup from the site via email, as they do not publish MLS data.
5. How does it fit within the broader Winnipeg market?
City-wide, its living area is smaller than the average (1,342 sqft), but its assessed value is also significantly below the city average (~$390.1k). This highlights its position as a more compact, affordable option within the larger market context.