Property Overview: 1660 Rothesay Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1976 home in River East presents a practical and affordable entry point into the Winnipeg market. With 1,152 sqft of living space, it offers a comfortably sized layout that is very typical for its street and slightly below the neighborhood average. Its standout characteristic is its assessed value of $247k, which is notably below averages for the street, neighborhood, and city. This creates a value proposition, as you're acquiring a home with standard interior space on a well-established street, but at a price point that sits in a lower bracket.

The appeal lies in this balance of adequate space and a lower financial barrier to entry. The lot size of 3,796 sqft is smaller than many in River East, which translates to less yard maintenance—a potential plus for busy individuals or those seeking a simpler footprint. It would suit first-time buyers prioritizing getting into the market, value-conscious investors looking for a rental property, or downsizers seeking a manageable home without overpaying relative to similar interiors. A less obvious perspective is that its "below average" valuation against the area could represent a relative cushion against market softening, or an opportunity for value increase through updates, in a location that already has mature infrastructure.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the neighborhood average?
While the home's living area is standard, its smaller lot size and potentially more modest finishes or layout compared to larger, renovated homes in the broader River East area contribute to a lower assessment. It's priced for its specific attributes, not the neighborhood's high-end averages.

2. What does the sold price history indicate?
Records show it last sold between $250k-$300k in September 2021. This suggests its current assessed value is in a similar range, indicating relative price stability over the last few years in line with that sale.

3. Is the smaller lot size a major disadvantage?
It depends on your priorities. It is below the area norm, which may limit expansion potential or extensive landscaping. However, it means less upkeep and lower property taxes tied to land value, which can be an advantage for those seeking low-maintenance living.

4. How does the age of the home (1976) factor in?
Built in 1976, it is newer than many homes on its street and across Winnipeg. This can be positive, suggesting potentially newer core components like electrical or plumbing systems than in pre-1970s houses, though a thorough inspection is always recommended.

5. How can I find out the exact past sold prices?
Due to data display regulations, exact sold prices are not published automatically on this site. You can request the full transaction history and exact figures via email through the provided "Request exact figures" link, and the team will provide them manually.