Property Summary: 194 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This 2023-built, two-storey home in Bruce Park offers a rare combination of new construction within an established neighbourhood. Its key appeal lies in its modern foundation paired with a generous, renovated basement—providing immediate livability without the concerns of older mechanical systems or major repairs. With 1,404 sqft of living space, it stands notably larger than most homes on its street and is on par with the city average, offering comfortable room for a small family or couple.
The property’s standout metrics are its newness and its assessed value. It ranks in the top 1% for year built on its street, in Bruce Park, and citywide, meaning it is a modern anomaly among much older homes. Its assessed value is also in the elite tier for the immediate area, suggesting a premium build quality or desirable features not reflected in the basic stats. The lot size (3,254 sqft) is around average for the street but smaller than the neighbourhood and city norm, resulting in a lower-maintenance yard—a perk for some, a limitation for others.
This home would suit buyers seeking a turnkey, modern property who want the character of an older neighbourhood without the legacy issues. It’s ideal for those who prioritize interior space and new systems over a large garden. The detached garage adds practical storage or workshop space. A thoughtful perspective: this property represents a strategic "infill" purchase, offering the energy efficiency and layout of a new build while benefiting from the mature trees and settled community vibe of Bruce Park.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value ranks in the top 1% for the street because it reflects the property's new construction (2023), modern renovations, and likely above-average materials and finishes compared to the neighbourhood's older housing stock.
2. Is the lot size a disadvantage?
It depends on your priorities. At 3,254 sqft, the lot is around average for Roseberry Street but smaller than the broader area's average. This means less yard maintenance, which many appreciate, but may limit extensive landscaping or large outdoor living spaces.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish. This should be a key point of inquiry to determine if it’s a fully developed living space, a modern utility area, or includes legal secondary suite potential.
4. How does a 2023 home fit into an older neighbourhood like Bruce Park?
It offers a unique blend: you get the modern floor plans, insulation, wiring, and building codes of a new home while residing in a neighbourhood with established parks, schools, and mature greenery—a best-of-both-worlds scenario for many.
5. The home sold recently in 2023. Why is it back on the market?
The property's quick resale is not explained in the data. While sometimes a red flag, it could also be due to a change in the owner's personal circumstances, an investor flipping the property after renovation, or a relocation. This history warrants discussion with the selling agent.