Property Summary: 195 Rouge Road, Winnipeg
Key Characteristics & Buyer Profile
This 1970-built home offers 1,626 square feet of living space on a 5,456-square-foot lot. It sits on a street where it ranks among the newest homes—top 2% for year built—and above average for size. The living area is notably generous for the street (top 6%) and remains strong citywide (top 24%). The lot, however, is slightly below the neighborhood and city averages, which is worth noting for buyers prioritizing outdoor space or future expansion.
The assessed value of $391,000 sits slightly above the street average but is essentially in line with both the neighborhood and city benchmarks. This suggests the price reflects the larger living area and newer construction relative to immediate surroundings, without being inflated by location alone.
Where the appeal lies: The home offers newer construction than most on the block, combined with genuinely above-average interior space. For someone who values a well-sized, solidly built home from the early 1970s—before many modern trade-offs in lot size and material quality—this property avoids the premium often attached to brand-new builds while giving up less floor space than many comparable homes.
Who it suits: Buyers who want a larger-than-typical living area without paying for a new-build premium. Also suited to those who prioritize interior space over a big yard, or who prefer a home that stands out on its street for size and age rather than being one of many similar post-war houses. Not ideal for someone wanting a large lot or expecting a quiet suburban yard.
Frequently Asked Questions
1. How does this home compare to others on Rouge Road?
It's one of the newest homes on the street (top 2%) and has a notably larger living area than most (top 6%). The lot size is about average. Essentially, you're getting more house inside than your neighbors, with a newer build year, on a typical-size lot.
2. Is the assessed value a reliable indicator of market price?
Assessed value is a useful benchmark but not a direct price tag. This home's $391,000 assessment sits near the neighborhood and city averages, suggesting the market has priced it in line with comparable homes. However, the newer construction and larger living area could command a premium depending on buyer demand.
3. The lot is 5,456 sqft—is that considered small for the area?
It's average for the street itself but below the Westwood neighborhood average (6,491 sqft) and city average (6,570 sqft). If you're used to suburban lots with generous yards, this will feel tighter. But it's not unusually small; it's consistent with many older infill-style lots in Winnipeg.
4. Why does the year built matter for this property?
Built in 1970, it's newer than most homes on Rouge Road (average 1966) and in Westwood (also 1966). That can mean fewer major system replacements (roof, furnace, windows) than a 1960s home, though not always. It's worth checking actual condition rather than assuming age alone.
5. What does "top 2% for year built on the street" actually mean?
Out of 125 comparable homes on Rouge Road, this one ranks #3 for being the most recent construction. Only two homes are newer. On a street where the average build year is the mid-1960s, this is noticeably more modern—a genuine differentiator for buyers who prioritize a newer home without moving to a newer subdivision.