Property Overview: 749 Mcleod Avenue, Winnipeg

Key Characteristics & Appeal

This home at 749 Mcleod Avenue in the Rossmere-A neighborhood is a quintessential, well-situated property that offers solid value and a grounded starting point. Built in 1960, its 1,042 sqft living space and 5,184 sqft lot are consistently "close to average" when compared to the street, community, and wider city, according to detailed rankings. This statistical consistency is its core characteristic: it’s a property that doesn’t stand out for extreme size or valuation, but rather for its alignment with established neighborhood norms. The 2024 tax-assessed value is $328,000, which sits slightly below the Winnipeg city average for comparable homes, suggesting a potentially accessible entry point.

The appeal lies in its position as a stable, predictable option in a mature community. It suits first-time buyers or practical investors looking for a home without surprises, where future value is likely to move with the area rather than on unique, high-risk features. A thoughtful perspective is that its very "averageness" can be a strength—it may have avoided the disproportionate property tax increases or buyer skepticism that can sometimes accompany highly renovated or outlier properties. The lot size, while smaller than the street average, is still generous by city standards, offering room for gardening or expansion. Its last known sale was between $250,000-$300,000 in late 2017, providing a clear historical benchmark for price growth assessment.

Frequently Asked Questions

1. What does it mean that most rankings are "close to average"?
This indicates the property is very typical for its area in terms of size, age, and official valuation. It’s neither the largest nor smallest, newest nor oldest, which can mean fewer surprises but also less immediate equity from standout features.

2. How current and reliable is the sales history data?
The site notes that the precise sale price is not publicly displayed due to industry restrictions. The provided range ($250k-$300k in Dec 2017) is from public records and is considered reasonably accurate, but for absolute accuracy and full history, you must request the data directly from the site operator, who will provide it manually via email.

3. Is the tax assessment a good indicator of market value?
The assessment ($328,000) is for tax purposes and is typically below market value. It serves as a useful baseline for comparing against similar homes (like the nearby comparables listed) but should not be relied upon as an exact sale price. Current market conditions will ultimately determine value.

4. What are the implications of a 1960 build year?
Homes of this era are common in Winnipeg and often feature solid construction. Buyers should budget for potential updates to major aging components like roofing, windows, plumbing, or electrical systems, and will likely want to factor in modernization costs for kitchens and bathrooms.

5. How does the lot size compare, and what does that mean?
At 5,184 sqft, the lot is smaller than the average for Mcleod Avenue but is actually slightly larger than the average for the broader Rossmere-A community. This suggests a good balance of outdoor space that is manageable for upkeep while still offering room for private recreation or gardening.