Property Overview: 62 Murray Rougeau Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2015, presents a well-maintained, modern property in Canterbury Park. Its key appeal lies in its balance of contemporary build quality and a practical, family-friendly footprint. With 1,637 sqft of living space and an attached garage, it offers comfortable suburban living without excessive scale.

The home’s standout characteristic is its context within the broader market. While the living area is typical for its immediate street, it ranks above average for both the Canterbury Park neighbourhood and the entire city, indicating a solid, efficient use of space compared to many older Winnipeg homes. The 2015 build date is a significant advantage, placing it among the newer homes in the area and suggesting modern construction standards, potentially lower immediate maintenance, and updated systems.

Its appeal is grounded in value and move-in readiness. The lot size is generous and typical for the street, offering good outdoor space. The unrenovated basement presents a clean slate for future customization. This property would suit first-time buyers or young families looking for a modern home in a stable neighbourhood without the premium often attached to brand-new builds. It’s also a prudent choice for value-conscious buyers who prioritize a newer construction year and above-average interior space for the area, seeing the potential in a home that doesn’t require major foundational updates.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the recent sale price?
The home sold for $530,000 in June 2024, which is significantly higher than its $46,800 assessed value. It’s important to understand that municipal assessed values in Manitoba are for tax purposes and are not intended to reflect current market value. The sale price is the true indicator of its recent market worth.

2. What does the "above average" sale price ranking mean?
The data shows the $530k sale price ranked in the top 29% on its street, top 10% in Canterbury Park, and top 15% citywide. This indicates the home sold for more than most comparable properties in these groups, reflecting strong buyer demand for this specific home’s combination of age, size, and location.

3. Is the unrenovated basement a drawback?
Not necessarily. While it may lack finished living space, an unrenovated basement means no hidden issues behind drywall and offers the next owner full flexibility to finish it to their taste and budget, without needing to undo someone else’s project. It can be seen as potential square footage waiting to be realized.

4. How does this home compare to others on the same street?
The data suggests it’s a solid, middle-of-the-road property on Murray Rougeau Crescent. Its living space is around the street average, but it is one of the newer homes (top 9%). Its land size is also typical for the street. This positions it as a stable, contemporary option among its direct neighbours.

5. What is the significance of the home’s build year (2015) for a buyer?
A 2015 build is a major plus. It means major components like the roof, windows, furnace, and appliances are likely still within or just beyond their typical lifespan, potentially deferring big-ticket replacement costs for several years. It also implies the home meets more recent building codes for energy efficiency and safety.