Property Overview: 529 Mark Pearce Avenue, Winnipeg

Key Characteristics & Appeal

This home at 529 Mark Pearce Avenue in the Rossmere-A neighborhood is a well-situated property that represents a solid, middle-of-the-market opportunity. Built in 1960, it is actually one of the newer homes on its specific street. With 1,042 square feet of living space, it is very typical for the immediate area but sits slightly below the citywide average, suggesting a more manageable and efficient layout.

The property’s assessed value of $348,000 is notably above the averages for both its street and neighborhood, indicating it is perceived as a higher-quality home within its local context. It sits on a 6,046 sqft lot, which is generous for the neighborhood and provides valuable outdoor space, though it is slightly smaller than others on Mark Pearce Avenue itself. The home last sold in late 2023 for an estimated $350k-$400k.

Its primary appeal lies in its established, stable setting. It’s a home that doesn’t stand out as exceptionally large or new in a citywide comparison, but it holds its own very well within its own community. This makes it a pragmatic choice for buyers seeking value and space in a mature neighborhood without the premium of a brand-new home or a massive lot. It would suit first-time buyers, downsizers, or investors looking for a straightforward, maintainable property in a consistent area. A thoughtful perspective is that its above-average valuation for the street could signal either desirable updates or a premium lot location, warranting a closer look to understand what specific features are driving that value.

Frequently Asked Questions

1. How does this home compare to others on the street?
The home is competitive on its street. It has a newer build year than most (ranked 4th newest out of 72) and a higher assessed value than the street average. The lot size is slightly below the street average, but the living area is very typical.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $348,000 is a municipal valuation for tax purposes. Given that it sold for an estimated $350k-$400k in late 2023, the assessment appears to be a relevant benchmark, but current market conditions will ultimately determine the price.

3. What does the lot size mean for potential use?
At just over 6,000 square feet, the lot is larger than most in the Rossmere-A neighborhood. This offers good potential for gardening, outdoor recreation, or future additions like a shed or deck, subject to local bylaws.

4. The living area is below the city average. Will the house feel small?
At 1,042 sqft, it is a moderately sized home. While below the Winnipeg average, it is very much in line with the neighborhood (avg. 1,116 sqft) and typical for many well-utilized post-war houses. The efficient use of space is often more important than the raw square footage.

5. How can I find out the exact price it last sold for?
The exact sale price is not publicly displayed in the provided data. You can request this information directly via the email link on the property page for a manual reply.