Property Overview: 605 Cedarcrest Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 605 Cedarcrest Drive in the Rossmere-A neighborhood presents a solid, grounded opportunity in the Winnipeg market. Built in 1959, it is a characteristically sized bungalow with 1,017 sqft of living space, which is very typical for its immediate street and area. Its true standout feature is the land: a 6,048 sqft lot that ranks above average not just on its street, but within the wider community and city. This offers valuable outdoor space and potential that is less common in this price segment.

The appeal lies in its established location and proportional value. With a tax-assessed value of $342,000, it sits in a competitive position—ranking in the top 35% of its street and community—suggesting it is viewed favorably relative to its direct peers. Historical data indicates a sale in early 2021 in the $300,000-$350,000 range, aligning with the current assessment. This isn't a flashy, fully renovated property, but a honest entry point into a mature neighborhood.

This home would best suit pragmatic first-time buyers or downsizers who prioritize lot size over a large interior footprint and are comfortable with a home of vintage character. It’s also a candidate for investors or owner-occupants with a vision for gradual updates, where the above-average lot provides a long-term asset that interior square footage does not.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,017 sqft, the living space is very close to the average for both Cedarcrest Drive (1,076 sqft) and the Rossmere-A community (1,116 sqft). It’s a standard size for the area, though below the city-wide average.

2. Is the tax assessment high for this area?
The $342,000 assessment is actually slightly above the average for the street and community. This typically reflects the city’s view of its value relative to nearby properties, considering factors like lot size and condition.

3. What are the less obvious positives of this property?
The lot size is a significant but quiet advantage. Ranking in the top 30% in the community for land area offers more privacy, yard space, and future potential than many neighboring properties. Additionally, being an "average" home in an established area often means predictable costs and fewer surprises compared to more outlier properties.

4. The home was built in 1959. What should I consider?
While the build year is typical for the neighborhood, it places the home firmly in the era of original mechanical systems (like plumbing and electrical) and likely requires insulation updates. A thorough inspection is essential to budget for necessary upgrades or maintenance.

5. How can I get precise historical sale price data for this address?
The provided data shows a sale estimate. For absolute accuracy, you must request the information directly from the source. As noted, due to industry restrictions, they offer to provide verified sale history manually via email upon request.