Property Overview: 430 Rosedale Avenue, Winnipeg
Key Characteristics & Appeal
This home on Rosedale Avenue in the Lord Roberts neighbourhood presents a compelling mix of classic charm and tangible value. Its primary appeal lies in its generous proportions, both in living space and land. With 1,844 sqft of living area, the home ranks in the top 4% for size on its street and within the neighbourhood, offering significantly more interior space than most comparable local properties. This is complemented by a large 6,244 sqft lot, which is also well above average for the area, providing ample outdoor potential.
Built in 1907, the home is notably older than most, which suggests authentic character but also implies a need for thoughtful maintenance or updates. Its assessed value is positioned as above average for Lord Roberts, indicating a solid perceived worth in a desirable location. The property last sold in the 2020 price range of $300k-$350k.
This home would best suit a buyer who values space and established neighbourhoods over modern construction. It’s ideal for someone looking for a character home with room to grow, garden, or entertain, and who is prepared for the realities and rewards of maintaining a century-old property. It appeals to those seeking a footprint that is increasingly rare—a large lot and spacious interior in a central location—rather than a turn-key modern build.
Frequently Asked Questions
1. What does the "top 4%" ranking for living area actually mean?
It means this home is larger than 96% of the 253 comparable properties on Rosedale Avenue. You are getting significantly more interior space than is typical for this specific street.
2. The home is from 1907. Should I be concerned?
It’s a key consideration. While it offers classic charm and sturdy construction, a home of this age will likely have older systems (like plumbing, wiring, or heating). A thorough inspection is essential to understand the condition and any needed updates, which should be factored into your budget.
3. The assessed value and the last sold price seem different. Why?
Assessed value is for municipal tax purposes and may not reflect current market value. The 2020 sale price is a historical data point. The actual market value today is determined by current conditions, recent comparable sales, and the home's present state.
4. How does the lot size compare to a typical new build?
At over 6,200 sqft, this lot is substantially larger than those found in most newer suburban developments. It offers a level of outdoor privacy and space that is uncommon in central neighbourhoods, perfect for gardening, adding a deck, or future expansion.
5. What are the less obvious costs or benefits of such a large lot?
A benefit is the potential for future development, like adding a garage or garden suite (subject to zoning). A cost to consider is higher maintenance (like more lawn to care for) and potentially higher property taxes relative to homes on smaller lots in the same area.