Property Overview
This two-storey home on Roseberry Street in Winnipeg's King Edward neighbourhood presents a classic character property with solid fundamentals. Built in 1918, it sits on a generous 5,416 sqft lot, which is notably larger than most in the immediate area and provides valuable outdoor space and potential. The 1,214 sqft living area is above average for both the street and the neighbourhood, offering good interior space. A key point of appeal is its strong standing within its local context: its living area, land size, and assessed value all rank in the top 30% when compared directly to nearby homes. This suggests a property that outperforms its immediate peers on key metrics. The detached garage adds practical utility.
Its appeal lies in this combination of a sizable lot, character, and a location within a well-established community. It suits a buyer looking for a home with inherent value and space in a mature neighbourhood, who is comfortable with a property of this vintage. It’s a practical choice for someone who values lot size and the potential it brings—whether for gardening, family play, or future projects—over a modern, renovated turn-key home, as the basement is noted as not being renovated.
Frequently Asked Questions
How does this home truly compare to others in Winnipeg?
While its size and value rank very well against nearby homes in King Edward, it's important to note that city-wide comparisons tell a different story. The assessed value is below the city average, and the home is older than most in Winnipeg. This highlights its value as a solid local offering within an established neighbourhood, rather than a top-tier property across the entire city.
What does the "above average" ranking for Assessed Value mean?
The assessed value of $29,600 ranks in the top 27% on its street and top 26% in King Edward. This means the city's assessment for this property is higher than most of its direct neighbours, which can be a positive indicator of its relative worth in the area. It does not directly predict market selling price.
Is the large lot a major advantage?
Yes. At over 5,400 sqft, the lot is significantly larger than the neighbourhood average (~3,800 sqft). This is a less obvious but substantial asset, providing more privacy, green space, and flexibility than is typical for the area, which is often a premium for buyers.
The home was built in 1918. What should I consider?
A home of this age will have character but likely requires diligent maintenance and updated systems. The note that the basement is "not renovated" suggests the mechanicals and foundation should be carefully inspected. Its age is typical for the street but older than the Winnipeg average.
Why is the exact sold price history not publicly listed?
The listed sale price ranges are derived from public data. The precise sale figures are considered proprietary in Manitoba and are provided manually by request to ensure accuracy and compliance with local regulations. This is a standard practice for the region.