122 Roseberry Street

Property Overview: 122 Roseberry Street, Bruce Park, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home is a study in contrasts, offering a unique blend of historic charm and generous space on a large lot. Built in 1913, it is one of the older homes in its immediate area, which may appeal to those seeking classic character. Its primary strength lies in its spacious dimensions: with 1,824 sqft of living area, it ranks in the top 1% for size on its street, offering significantly more interior space than most neighbours. This is complemented by a land area of 5,425 sqft, which places it in the top 5% of lots on Roseberry Street, providing ample outdoor potential.

The appeal here is for a buyer who values room to grow—both inside and out—over a modern build date. The property has a renovated basement and a detached garage. It would suit a practical buyer looking for a "value-add" proposition: someone who appreciates the lower assessed value relative to the physical space offered and is either comfortable with the upkeep of an older home or sees potential in its vintage. It's a home for those prioritizing square footage and lot size over a turn-key, contemporary property, ideal for families, multi-generational living, or anyone needing extensive workshop or garden space.

Frequently Asked Questions

1. What does the "Elite" ranking for living area actually mean?
It means that, compared to similar homes on Roseberry Street, 122 Roseberry has more living space than 99% of them. Its interior is nearly double the street's average for comparable properties.

2. The home is over 110 years old. What should I consider?
While the basement has been renovated, the core structure is from 1913. Buyers should budget for and prioritize inspections focused on foundational integrity, historical wiring or plumbing updates, and roof lifespan. This age also contributes to its unique character.

3. The assessed value seems low compared to the lot and living space. Why?
Assessed value for taxation purposes doesn't always directly correlate with market value or square footage, especially for older homes. It can reflect the home's age, condition, and specific municipal valuation models. The discrepancy can represent a key opportunity for buyers.

4. How does the large lot size benefit me?
Beyond simple outdoor space, a lot in the top 5% for the street offers rare potential for expansions like a large deck, garden, play area, or even future additions (subject to zoning). It provides a level of privacy and flexibility uncommon on most city lots.

5. What is the neighbourhood context?
Bruce Park is a mature neighbourhood. The home's metrics are strong within its immediate street (Roseberry) but become more average when compared to the wider Bruce Park area and city. This suggests you're getting a standout property on its specific block within a well-established community.