Property Summary: 314 Roseberry Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Roseberry Street in the King Edward neighbourhood is a classic, compact property built in 1918. Its key characteristics include a renovated basement, a detached garage, and a living area of 838 sqft situated on a 3,249 sqft lot. The data positions it as a solidly average home within its immediate area in terms of assessed value, lot size, and age, though its living space is notably smaller than the city-wide average.
The primary appeal lies in its location and practicality. It suits first-time homebuyers or downsizers seeking an affordable entry into a stable, established neighbourhood without the maintenance of a larger property. The renovated basement adds valuable functional space, a significant asset in a smaller home. A thoughtful perspective is that its "average" metrics for the street and neighbourhood suggest a predictable investment without the premium or the risk associated with outliers. It’s a home for someone who values character and community over sheer square footage, and who sees the detached garage and updated basement as flexible spaces for hobbies, storage, or additional income potential.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 838 sqft, the living area is below the average for both the street and the city overall, but it is a fairly typical size for the King Edward neighbourhood. This indicates a cozy, efficient layout that is common for homes of this era in the area.
2. What is the significance of the assessed value being "around average" for the area?
An assessed value that aligns closely with neighbourhood averages suggests the property is priced consistently with market norms for King Edward. This can provide a sense of stability and may indicate fewer surprises compared to a home valued significantly higher or lower than its peers.
3. The home was built in 1918. What should I consider?
While the home has historic character, its systems (like plumbing, electrical, and the foundation) may require closer inspection to understand their current condition and any updates made over the years. The renovated basement is a positive modern update.
4. Is the lot size a constraint?
The lot is slightly smaller than the average for the street but typical for King Edward. It offers a manageable outdoor space for gardening or relaxation without the upkeep demands of a much larger yard, which can be an advantage for many buyers.
5. Can I find out the exact historical sale price?
The exact sold price from its last transaction in August 2023 is not publicly displayed in detail here. The listing service offers to provide the precise figure via email upon request, as they manually verify this data to ensure accuracy.