Property Overview: 523 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Roseberry Street in the King Edward neighbourhood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a generous, above-average lot and a recently renovated basement, set within a well-established area.
The 926 sqft living area is typical for similar homes on the street and in the neighbourhood. The standout feature is the land: at 5,425 sqft, the lot size ranks in the top 5% on Roseberry Street and the top 9% in King Edward, offering significant outdoor space uncommon for the area. The home itself, built in 1954, is newer than many immediate comparables. A detached garage and the renovated basement add functional living and storage space.
This property would suit first-time buyers or practical investors looking for a solid entry point into the Winnipeg market with room to grow outdoors. Its above-average assessed value for the street suggests it is viewed favorably relative to its peers. The appeal is grounded in space and location rather than sheer size, offering a chance to own a larger parcel of land in a central neighbourhood without the premium of a new or large house.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
While the lot is larger than most in King Edward, it is slightly below the city-wide average for Winnipeg. Its true advantage is within the immediate local context, where it offers notably more yard space than neighbouring properties.
2. What does "renovated basement" include?
The details of the renovation are not specified in the public data. A prospective buyer should clarify the scope, permits, and finishes to understand if it’s a livable space, a recreational area, or primarily updated utilities.
3. The sold price history shows a range. What’s the exact figure?
The exact sold price is not publicly listed. You can request it directly via the provided email service, which manually supplies accurate historical sale data without marketing spam.
4. The living area is below the city average. Is the house small?
At 926 sqft, the main floor living area is compact but aligned with the neighbourhood’s typical home sizes. The renovated basement likely provides additional functional space, making the total usable area more competitive.
5. The home is older. What should I be concerned about?
Built in 1954, the home is newer than many on its street but will still require standard due diligence for a house of its age. Key checks should include the roof, foundation, electrical, and plumbing systems, with the understanding that some updates may be part of its ongoing maintenance.