Property Overview: 285 Roseberry Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1918, presents a straightforward opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its position as a modest, entry-level property. With 940 square feet of living space and a lot just over 2,700 square feet, it is a compact offering. The data shows it is typically sized for its immediate street and neighbourhood, though it sits below the citywide averages for both living space and lot size.
The property suits first-time buyers, investors, or downsizers seeking an affordable foothold in a central area. Its assessed value is notably below both local and city averages, which can signal lower property taxes and an accessible price point. A thoughtful perspective for a home of this era is the potential for incremental, live-in improvements. While it lacks a basement, garage, or pool, this simplifies the scope of maintenance and renovation projects. The appeal is fundamentally pragmatic: it’s a home that meets basic needs without frills, positioned in an established community where it benchmarks as an average offering among its direct peers.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $21,100 is below the average for similar homes on Roseberry Street and in the King Edward area. This generally indicates a lower municipal tax burden and suggests the property is priced at an entry-level point within the market.
2. How does the living space compare to typical Winnipeg homes?
At 940 sq ft, the living area is smaller than the Winnipeg citywide average (approx. 1,342 sq ft). However, it is very close to the average for the King Edward neighbourhood (approx. 952 sq ft), indicating it is a typical-sized home for this specific, often more compact, central area.
3. The home was built in 1918. What should I consider?
While the building age is around average for the street and neighbourhood, it is older than most citywide. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, roof) and the potential need for updates, while also appreciating the character common in homes of this period.
4. The lot seems smaller than average. Is that a drawback?
The lot is below average in size for the city, but more in line with the neighbourhood. This means lower exterior maintenance, but also limited space for expansions, large gardens, or additions. It’s a trade-off that contributes to the home's affordability.
5. Where can I find the exact historical sale prices?
The exact sold prices are not published publicly. The listing service provides an estimated range based on public data. You can request the precise figures by emailing them directly, a process they handle manually to ensure accuracy.