Property Overview: 432 Roseberry Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1913, presents a classic Winnipeg character property with a renovated basement. Its key appeal lies in its position as an accessible entry point into the King Edward neighbourhood. With 880 sqft of living space and a 2,712 sqft lot, the home is modest in scale, ranking around average for its immediate street and area. The significantly below-average city-wide assessed value of $180k highlights its primary advantage: affordability in a mature, central community.
This property would suit first-time buyers or practical investors seeking a lower barrier to entry. Its compact size means lower utility costs and less maintenance, while the renovated basement adds functional living space. A thoughtful perspective for the right buyer is appreciating the value of a smaller lot; it requires less upkeep than larger city plots, allowing more time to enjoy the established neighbourhood. The home’s age and value metrics suggest it’s not a move-in-ready showcase, but a solid foundation—ideal for someone comfortable with gradual improvements or seeking a straightforward rental property.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market price?
No. The assessed value of $180k is for municipal tax purposes. Market price is determined by current buyer demand and the home's condition, and can be higher or lower.
2. What does the ranking data actually tell me?
It shows how this property compares to others. For example, its living area is around average for King Edward, but its assessed value is in the bottom 15% for the area, which often indicates an older home or one with more basic finishes compared to neighbours.
3. The home is over 110 years old. What should I be concerned about?
While the basement is noted as renovated, a home of this age requires a thorough inspection. Key focuses should be the foundation, original plumbing and electrical systems, and the roof. Its longevity also means it likely has solid, durable construction.
4. There's no garage. Is street parking difficult?
The listing notes no garage. You should verify the specific street parking regulations for Roseberry Street with the city, as older neighbourhoods can sometimes have permit restrictions or limited space.
5. Why is the sold price history from 2016 shown as a range?
The provided sold price is an estimate based on public data. To obtain the exact historical sale price, you must request it directly from the site via email, as noted in the details.