Property Overview: 1885 Rothesay Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated River East home presents a compelling blend of space, modernity, and value within its immediate context. Built in 1984, it is notably newer than most homes on its street and in the broader neighborhood, which often translates to fewer concerns about aging major systems and outdated layouts. With 1,370 sqft of living area, it offers more space than the typical home on Rothesay Street, providing comfortable room for a small family or those needing a home office or extra bedroom.

The appeal lies in its strong positioning relative to its direct surroundings. It ranks above average on its own street for living space, assessed value, and notably for its year of construction. While its lot size is more modest compared to some larger River East properties, this often means less maintenance. The assessed value of $381k sits above the street average, suggesting it is perceived as a higher-quality asset on the block.

This property would suit practical buyers looking for a move-in-ready home in a stable area without the premium price of a brand-new build. It’s ideal for those who value being on a street with newer housing stock and above-average interior space, but who may not require a large yard. It represents a solid, middle-ground option—not the largest or smallest, nor the most or least expensive, but a well-above-average offering on its particular street.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, it last sold between $300k-$350k in late 2020. Its current assessed value of $381k is above the average for Rothesay Street, indicating perceived growth and value. For precise, verified sale figures, a manual records lookup is required.

2. Is the lot size a disadvantage?
The 5,598 sqft lot is around average for the city and street, but below the neighborhood average. This could be an advantage for buyers seeking lower yard maintenance, but a consideration for those prioritizing extensive outdoor space or future expansions like a large deck or addition.

3. What does the "newer build" year practically mean?
Built in 1984, this home is newer than approximately 97% of comparable homes on Rothesay Street. In practical terms, this often means construction methods and materials are more modern, and major components like wiring, plumbing, and windows may have more usable life remaining than in homes built a decade or two earlier.

4. How does it rank for space in the area?
The living area is a key strength. At 1,370 sqft, it is larger than about 87% of similar homes on Rothesay Street, offering more interior space than most direct neighbors, though it is closer to the average when looking at the entire city.

5. Are the property taxes likely to be high?
Property taxes are based on the assessed value. With an assessment ($381k) that is above average for its street but slightly below the neighborhood average, the taxes should be reasonably aligned with similar homes in River East, though likely higher than older, smaller homes on the same block.