Property Overview
This two-storey home at 252 Roseberry Street in Winnipeg's King Edward neighbourhood presents a distinct profile. Built in 2018, it is a notably modern property in an area dominated by much older homes. Its primary appeal lies in offering move-in-ready, contemporary living without the typical maintenance concerns of a century-old house. The living space is generous for the local area, ranking well above average for both the street and the neighbourhood. However, the lot size is compact, even by inner-city standards, which is a key trade-off. This property would suit a buyer seeking a low-maintenance, modern home in a central location, who prioritizes interior space over a large yard. It’s less suited for those wanting extensive outdoor space for gardening or recreation.
Key Details & FAQs
- Key Characteristics: A 1,247 sqft two-storey home built in 2018, featuring a basement (not renovated) and no garage. It sits on a 2,274 sqft lot.
- Appeal & Buyer Profile: The strong appeal is its age and condition—it’s a newer build in a historic area, offering modern systems and layout. It ranks in the top 10% of its immediate area for both living area and assessed value. Ideal for professionals, small families, or downsizers wanting a central location without a major renovation project. The compact lot means less yard work but also limited private outdoor space.
- A Less Obvious Perspective: While the newer build minimizes immediate repair costs, the above-average assessed value for the area suggests property taxes may be higher relative to older, similarly sized homes nearby. The very small lot also limits future expansion potential.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is significantly smaller than most in the area. It ranks at the very bottom (100th percentile) on its own street and in the King Edward neighbourhood, meaning lots nearby are typically much larger.
2. What does the sold price history indicate?
The home sold previously in October 2020 for an estimated range of $30.5k to $33.5k. Its current assessed value is $34.30k. For an exact historical sold price, you can request details via email from the listing source.
3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished utility and storage space.
4. What are the implications of the home being built in 2018?
As a modern build, major components like the roof, windows, furnace, and electrical system are relatively new and likely under warranty, reducing the risk of near-term major expenses. It also means the home meets current building codes.
5. How does the living space compare to an average Winnipeg home?
City-wide, its living area is around the median (Top 46%). However, within the King Edward neighbourhood and on Roseberry Street itself, it offers more space than most comparable homes, ranking in the top 12%.