Property Summary: 131 Roseberry Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, post-war one-storey home in the Bruce Park neighbourhood, built in 1948. Its primary appeal lies in its generous 5,425 sqft lot, which is notably larger than most properties on its street and in the immediate area. The home itself is modest in size at 790 sqft of living space, suggesting a cozy, efficient layout or potential for expansion. Key features include a detached garage and a renovated basement, adding functional space.
The property suits buyers who prioritize land over square footage—ideal for someone wanting a large private yard, garden space, or future addition in a well-established area. Its above-average assessed value for the street indicates it is viewed as a premium property on the block. This home would fit a first-time buyer, downsizer, or investor looking for a solid footprint in a mature neighbourhood, where the value is anchored by the land and the potential it holds.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The 5,425 sqft lot is in the top 5% for size on Roseberry Street, significantly larger than the street average of ~3,700 sqft. It offers substantial outdoor space for a city property.
2. The living area seems small. Is the home expandable?
At 790 sqft, the living area is below average for the area. However, the large lot and the presence of a renovated basement suggest opportunities to increase living space, subject to local zoning and permits.
3. What does the "above average" assessed value for the street mean?
While the home is modest, its assessed value ranks in the top 16% on its street. This typically reflects the value of its large lot, the renovated basement, and overall condition compared to immediate neighbours.
4. Is the detached garage a standard feature here?
Many older homes in Winnipeg have detached garages. It provides useful storage or workshop space but means parking may require going outdoors.
5. The home sold in 2019 for $31,500. Is that relevant today?
That sale price is historical and not a direct indicator of current market value, which is now reflected in the $320,000 assessment. It may have been a significantly different market condition or a transaction between private parties.