Property Overview: 443 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This 880 sqft bi-level home at 443 Roseberry Street in the King Edward neighbourhood presents a practical and modernized living space. Its key appeal lies in its recent renovations and favourable standing within its immediate area. Built in 1989, it is a notably newer home compared to many in King Edward and on its own street, offering modern construction fundamentals. The home features a renovated basement and a detached garage.
The property’s assessed value is strong for the local context, ranking well above average for both the street and the neighbourhood, which can indicate good value retention. While the living space is compact citywide, it is quite typical for the area, making it an efficient layout. The lot size is also standard for King Edward.
This home would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready property in a central Winnipeg neighbourhood without the concerns of an older, century-home foundation. It’s also a sensible choice for value-focused buyers who prioritize a modernized interior and a property that stands out positively in local assessments over having a large footprint.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 880 sqft, the living area is very close to the average for both Roseberry Street and the broader King Edward neighbourhood. It’s a comfortably sized home for the area, though more compact than the Winnipeg citywide average.
2. The assessed value seems low. Is this accurate?
The assessed value of $31,200 is not a market price but a value for municipal tax purposes. Importantly, it ranks in the top 20% for both the street and the neighbourhood, suggesting the city assesses this property more highly than many surrounding homes, which is a positive indicator of its relative worth.
3. What are the advantages of a 1989 build in this neighbourhood?
King Edward has many homes built in the early 1900s. A 1989 build means significantly newer major systems (like plumbing, electrical, and insulation), potentially leading to lower maintenance costs and better energy efficiency compared to the neighbourhood’s older housing stock.
4. What is the significance of the sold price history from 2020?
The 2020 sale provides a historical benchmark, but it does not reflect current market value. It is most useful for understanding the property’s price trajectory over time, which should be analyzed alongside recent sales of comparable homes in the area.
5. Is the lot size a limitation?
The 3,259 sqft lot is very typical for King Edward. It provides adequate outdoor space for a garden or patio without the extensive upkeep of a larger city lot, aligning with the home’s low-maintenance appeal.