Property Overview: 72 Brian Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 72 Brian Street in the Rossmere-A neighborhood presents a practical and straightforward opportunity. Built in 1971, it is a newer construction compared to most homes on its street and within the wider community, which can be a positive indicator for the condition of core structural components. With 1,040 sqft of living space and a 5,827 sqft lot, its size is very typical for the area, offering a manageable footprint.
The primary appeal lies in its established neighborhood setting and its value positioning. The municipal tax assessment of $348,000 is notably higher than the Rossmere-A community average, which may reflect perceived value or improvements, yet remains below the city-wide average for comparable homes. This creates an interesting middle ground. The home last sold in mid-2019 for an estimated $250,000-$300,000, providing a recent benchmark for market comparison.
This property would best suit first-time buyers or practical-minded investors looking for an entry into the Winnipeg market without the premium of a brand-new home. It’s also a fit for those who prefer a home that is newer than many of its immediate neighbors, potentially easing some renovation timelines. The lot size offers good outdoor space relative to the community standard, appealing to those wanting room for gardening, pets, or future expansion.
Section 2: Frequently Asked Questions
1. What does it mean that the home is "newer" than others on the street?
While built in 1971, this home ranks in the top 4% for its street by build year. This means major elements like the roof, foundation, and wiring are likely from a slightly more modern era than many direct comparables, which could mean fewer immediate updates related to aging infrastructure.
2. The tax assessment is above the community average but below the city average. Why?
This suggests the property is viewed as a above-average home within the specific Rossmere-A area, but remains modest compared to the broader Winnipeg market. It often reflects a balance of the home's condition, size, and the general desirability of the neighborhood within the city's spectrum.
3. How reliable is the last sold price from 2019?
The provided range ($250k-$300k) is based on publicly available data, not the official MLS record. It serves as a general market reference point from five years ago. For precise historical pricing to understand appreciation, the site recommends requesting the exact data via email for a verified figure.
4. How does the living space compare for a family?
At 1,040 sqft, it is slightly below the street and community average. This indicates a efficient, likely 2-3 bedroom layout common for the era. It suits smaller families, couples, or individuals comfortably, but may feel compact for those needing multiple large living areas or home offices.
5. What can I glean from the list of "nearby" and "similarly assessed" homes?
The nearby homes are all on the same street, confirming a consistent neighborhood fabric. The list of homes with similar assessed values across different neighborhoods shows what price point alternatives exist in other parts of the city, helping you gauge this property's relative value within your wider search.