Property Overview

This home at 100 Eade Crescent in Winnipeg’s Rossmere-A neighborhood presents a solid, mid-century property with clear value in its local market. Built in 1961, it sits on a roughly 5,774 sqft lot and offers 1,058 sqft of living space.

Key Characteristics & Appeal

The primary appeal of this property lies in its strong positional value within its immediate area. While its size is average compared to the city overall, it stands out on its own street and in Rossmere-A for its above-average assessed value ($359k), ranking in the top 15% and 22% respectively. This suggests it is perceived as a well-maintained or desirable home in its specific locale. Its recent sale history shows a significant appreciation, moving from the $300k-$350k range in 2019 to $400k-$450k in 2022.

It would suit practical buyers looking for a stable investment in a mature neighborhood—perhaps first-time homeowners seeking a foothold or downsizers wanting a manageable property without compromising on lot size. A thoughtful perspective is that this home represents the "steady performer" of its street; it may not be the largest, but its value metrics indicate it has been a reliable asset within its peer group.

Frequently Asked Questions

1. Is the home’s assessed value a good indicator of its market price?
The assessed value ($359k) is above the local averages, which is a positive sign of its standing. However, market price is determined by current conditions. The last sold price ($400k-$450k in 2022) is a more direct, though dated, indicator of what buyers were willing to pay.

2. How does the living area compare to typical homes?
At 1,058 sqft, the living space is very close to the average for both Eade Crescent (1,093 sqft) and the Rossmere-A neighborhood (1,116 sqft). It provides a comfortable size for the area but is notably smaller than the Winnipeg city average.

3. What does the sale history tell us about the property’s trajectory?
The home sold twice in 2019 around the $300k-$350k range, then again in late 2022 for $400k-$450k. This indicates a period of substantial value increase over those three years, aligning with broader market trends of the time.

4. Is the lot size a pro or a con?
The lot is slightly smaller than the average on Eade Crescent but is actually a bit larger than the typical lot in Rossmere-A. It offers a decent outdoor space for the neighborhood, suitable for gardening or recreation, without being overly demanding to maintain.

5. The home was built in 1961. What should I consider?
As a home from the early 1960s, potential buyers should budget for updates that align with the era, such as roofing, windows, or electrical systems. The year built is older than most in Winnipeg, so a thorough inspection is key. On Eade Crescent, however, it is actually one of the newer homes, ranking in the top 8%.