Property Overview: 394 Rougeau Avenue, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,032 sqft bungalow, built in 1978, presents a practical and affordable entry point into Winnipeg’s Mission Gardens neighborhood. Its key appeal lies in its relative value and manageable scale. With a living area that is typical for its immediate street but below the citywide average, the home suits buyers looking for a cozy, low-maintenance footprint rather than expansive space. The lot size, while smaller than many in the wider area, provides adequate outdoor space for a garden or patio without demanding extensive upkeep.

A thoughtful perspective is its position as a "neighborhood-conforming" home. Its assessed value is notably lower than the area average, which can suggest a more affordable tax burden, a significant long-term consideration. However, it also indicates the home may be due for updates compared to peers. The 1978 build date is newer than many on its street, potentially meaning fewer immediate concerns with aging infrastructure than older homes. This property would best suit first-time buyers, downsizers, or value-focused investors seeking a straightforward home in an established community without a premium price tag. It’s a home for those who prioritize location and practicality over size and modern finishes.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to nearby homes?
The home’s assessed value of $27,400 is below the Mission Gardens area average, placing it in the top 90% (meaning 90% of area homes have a higher assessed value). This suggests it is a more affordable option within the neighborhood.

2. Is the house smaller than others in Winnipeg?
Yes. With 1,032 sqft of living area, it falls below the Winnipeg citywide average for comparable homes. Its size is more aligned with the average on its own street, offering a comfortably sized but not oversized layout.

3. What does the sold price history indicate?
Public records show it last sold between 2020-2025 for an estimated $200k-$250k. For the exact sale price, you can request details via email from the listing source.

4. How does the lot size compare?
The 3,003 sqft lot is smaller than most in the Mission Gardens area and across Winnipeg. It provides a manageable yard but may not suit those seeking extensive outdoor space.

5. The home was built in 1978. What should I consider?
While newer than many homes on its street, a 48-year-old home will likely require a thorough inspection. Key systems like roofing, windows, plumbing, and electrical should be evaluated for updates or potential near-term repairs.