Property Overview: 467 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Roseberry Street in King Edward presents a practical opportunity centered on its land and location. The 934 sqft living space is typical for the immediate area but is notably compact compared to the Winnipeg city average. Its primary standout feature is the generous 5,425 sqft lot, which ranks in the top 5% on its street and top 9% in the neighbourhood, offering significant outdoor space uncommon for the area.
The home’s appeal lies in its balance. It has a renovated basement and a detached garage, offering functional upgrades. With an assessed value of $220k, it sits below the citywide average, suggesting a more accessible entry point into the market. This property would suit a first-time buyer, an investor, or someone seeking a manageable home with valuable land potential. It’s for those who prioritize lot size over square footage and see value in a home that is average for its established community but priced below the broader city market. The recent sale in mid-2024 indicates active market interest at this value level.
Frequently Asked Questions
1. Is the house small compared to others?
Yes, at 934 sqft, the living area is below the Winnipeg city average. However, it is very much in line with the typical size of homes on Roseberry Street and within the King Edward neighbourhood itself.
2. What is the biggest advantage of this property?
The land. The lot is significantly larger than most in the immediate area, offering ample outdoor space, potential for gardening, expansion, or future development, subject to zoning.
3. How does the assessed value compare?
The $220k assessment is around average for King Edward but below the citywide average. This suggests the property is valued in line with its local market, potentially offering a more affordable option within Winnipeg.
4. The house was built in 1918. What should I consider?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should budget for and prioritize inspections focused on foundational integrity, wiring, plumbing, and insulation, which may not meet modern standards despite any updates.
5. Are the sold price figures exact?
No, the listed sold prices are estimated ranges from public data. You can request the exact sale history by emailing the listing service, which provides the precise figures manually.