275 Roseberry Street

Property Overview: 275 Roseberry Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 275 Roseberry Street in Winnipeg's King Edward neighbourhood presents a practical and affordable entry point into homeownership. Built in 1991, it is notably newer than most homes on its street and in the wider city, suggesting potentially fewer major age-related maintenance concerns compared to century-old properties.

The home’s key appeal lies in its balance of modest scale and recent renovation history (the basement is noted as renovated). With 823 square feet of living space, it is compact and efficient, suited for individuals, couples, or small families who prioritize manageability and lower utility costs over ample room. The lot size is also modest relative to city averages, which translates to less yard maintenance.

Its assessed value is consistently around the average for its immediate area, indicating it is priced in line with the local market. This property would best suit first-time buyers, downsizers, or pragmatic investors looking for a straightforward, newer-vintage home in a central neighbourhood without the footprint or price tag of a larger detached house. A thoughtful perspective is that its newer build date within an established area offers a blend of modern construction basics amid mature community character.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others?
At 823 sqft, the living area is below the city-wide average but fairly typical for the King Edward neighbourhood. It represents a more compact, efficient layout.

2. What does the "above average" year built ranking mean?
Built in 1991, the home is significantly newer than the median home on its street (avg. year ~1945) and in Winnipeg (avg. year ~1966). This often implies updated core systems like wiring, plumbing, and insulation.

3. Is the assessed value a good indicator of the selling price?
The assessed value ($27,500) is a municipal valuation for tax purposes. The last recorded sold price range (2021: $30.5k-$33.5k) was higher, and market conditions determine the final sale price. It serves as a baseline, not a guarantee.

4. What are the implications of the below-average lot size?
The 2,709 sqft lot is smaller than typical city lots. This means less outdoor maintenance but also limited space for expansions, large gardens, or detached structures. It contributes to the home's overall affordability.

5. Who would this property not suit?
Buyers needing multiple bedrooms, extensive storage, dedicated home office space, or a large private yard may find the scale limiting. It’s geared toward those comfortable with a more compact living arrangement.