Property Overview: 284 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This bi-level home at 284 Roseberry Street is a modern property built in 2020, offering a low-maintenance, move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its new construction status, which places it among the newest homes in the area, and its renovated basement, adding functional living space. With a living area of 981 sqft, it provides comfortable space for a small household.
The property presents a compelling value proposition. Its assessed value is notably high for its immediate street and neighbourhood, ranking in the top 3-4%, which suggests it is viewed as a premium property within its local context. This could indicate higher-quality finishes or construction for the area. However, the land size is comparatively modest, which may appeal to buyers seeking a newer home without the upkeep of a large yard.
This home would suit first-time buyers or downsizers looking for a modern, efficient property in a central location without the concerns of an older home’s maintenance. It’s also a practical choice for investors seeking a relatively new rental property with modern amenities. The combination of new build advantages with a below-average citywide price point makes it a unique find for those prioritizing condition and location over square footage.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighbours?
The home was built in 2020, making it significantly newer than most in the area. Assessed value reflects factors like construction quality, materials, and modern systems, which justify its premium standing on the street.
2. Is the lot size a drawback?
The land area is smaller than average for the neighbourhood. This translates to less yard maintenance, which can be a positive for those seeking a low-upkeep lifestyle, but may not suit those wanting extensive outdoor space.
3. What does the "renovated basement" include?
The listing confirms a renovated basement, which adds valuable finished living space to the home’s total usable area. Specific finishes and room layouts should be verified through a viewing or direct inquiry.
4. How does it compare to city-wide prices?
While its assessed value is elite for King Edward, it sits around the city-wide average. This highlights the property’s relative affordability within the broader Winnipeg market, especially for a home only six years old.
5. Are there comparable recent sales?
Nearby properties like 308 Ferry Road (also built in 2020) with similar assessed values provide useful benchmarks. For precise historical sold price data for this address, you can request the exact figures via the provided email service.