562 Rosseau Avenue W

Property Summary: 562 Rosseau Avenue W, Winnipeg

Key Characteristics & Appeal

This 1958 home in Victoria West presents a solid, grounded opportunity. At 892 sqft, its living space is typical for the immediate street and neighborhood, though more compact compared to the Winnipeg average. Its true standout feature is the 5,299 sqft lot, which is notably larger than most in the area, offering valuable outdoor space and potential. With an assessed value of $307k, it sits above the neighborhood average, suggesting it is a well-regarded property within this specific, sought-after locale.

The appeal lies in its position as a character home in a mature neighborhood, offering a balance of a manageable-sized house on a generous parcel of land. It would suit first-time buyers or downsizers looking for a lower-maintenance footprint without sacrificing yard space, or investors attracted to a stable, established area. A less obvious perspective is that its "around average" size city-wide might mean lower utility and upkeep costs compared to larger stock, while its above-average lot for the neighborhood provides a relative rarity that could be a long-term asset.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
The home’s living area (892 sqft) is very close to the averages for both Rosseau Avenue W (986 sqft) and the wider Victoria West neighborhood (976 sqft). It is a comfortable size for the area but is notably smaller than the citywide average for comparable properties.

2. Is the assessed value high for the neighborhood?
Yes, the assessed value of $307k is above the Victoria West neighborhood average of ~$282k, ranking it in the top 27%. This indicates the property is likely viewed favorably relative to its local peers, possibly due to factors like its lot size, condition, or location within the precinct.

3. What does the year built tell us about the property?
Built in 1958, this home is newer than most on its street and in Victoria West, where average build years are 1947 and 1945 respectively. This suggests it may have more modern construction features or have undergone fewer generations of renovation than some neighboring houses.

4. How significant is the lot size?
The lot is a key feature. At 5,299 sqft, it is substantially larger than the neighborhood average (4,257 sqft) and the street average (4,604 sqft). This provides more private outdoor space than is typical for the area, which is a considerable advantage for gardening, recreation, or future expansion.

5. How does this property fit within the broader Winnipeg market?
City-wide, it presents a contrast: its living space is below the average, while its lot size and assessed value are around the middle of the pack. This profile highlights its value as a neighborhood-centric purchase—its metrics are strongest within the desirable Victoria West context rather than as a citywide comparison of sheer size.