139 Roseberry Street

Property Overview: 139 Roseberry Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic one-storey character property in Bruce Park, built in 1918. Its primary appeal lies in its generous 5,425 sqft lot, which is notably larger than most on its street and in the immediate area, offering significant outdoor space and potential. The home itself is modest in size at 855 sqft of living area, but features a renovated basement, adding functional space. A detached garage provides additional storage or workshop potential.

The property suits buyers seeking a character home on a substantial lot, where the land itself is a key asset. It’s ideal for someone with a vision for renovations or expansions, or for those who prioritize private outdoor space over a large interior footprint. The recent sale at $300k suggests it was positioned as an entry point into the neighbourhood, appealing to first-time buyers, downsizers, or investors attracted by the lot size and the value of a renovated basement. A thoughtful perspective is that this property represents a balance: you’re acquiring a top-tier lot size on the street while taking on the stewardship of an older home, making it a project-oriented opportunity with a solid foundation of land value.

Section 2: Frequently Asked Questions

1. What does the lot size ranking actually mean?
The lot is in the top 5% for size on Roseberry Street itself, meaning it's significantly larger than most direct neighbours. This is its standout feature compared to the more average rankings for the home's age, size, and assessed value.

2. Is the $300k sale price consistent with the assessed value?
Yes and no. The assessed value for taxation purposes is listed at $25.9k, which is typical for older Winnipeg homes and is not a market valuation. The $300k sale price reflects the current market value, which was above the street average but below the city-wide average for sold homes.

3. Who might this home not suit?
It may not suit buyers looking for a large, move-in-ready interior without any projects. With 855 sqft of main living space, it’s compact, and the 1918 build date suggests ongoing maintenance typical of a century-old home.

4. What is the significance of the renovated basement?
In a smaller home, a renovated basement effectively doubles the usable living space. This adds crucial functionality, potentially for a family room, home office, or additional bedrooms, making the overall package more versatile than the main floor square footage alone suggests.

5. How does this property fit within Bruce Park?
The data shows that for the neighbourhood, this home’s living area and year built are below average. This indicates Bruce Park has many larger and/or newer homes. Therefore, this property offers a more accessible entry point into the area, with the trade-off being a smaller, older character home on a very good-sized lot.