Property Overview: 510 Rosedale Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 510 Rosedale Avenue presents a compelling mix of established neighbourhood charm and above-average metrics for its immediate area. Built in 1953, it is a notably newer property compared to many in the historic Lord Roberts neighbourhood, potentially suggesting fewer concerns with aging infrastructure common in century-old homes. With 1,062 sqft of living space, it offers a practical footprint that is very close to the city-wide average.
The property’s standout features are its lot size and assessed value within the local context. The 4,815 sqft lot is generously sized for the area, offering ample outdoor space that is increasingly rare closer to the city core. More strikingly, its assessed value ranks in the top 8% on its street and in Lord Roberts, indicating it is perceived as a higher-value asset compared to its direct peers. This could reflect the home’s condition, its newer construction date, or the desirability of its specific location.
This home would suit a buyer looking for a grounded, established neighbourhood with character, but who prioritizes a more manageable post-war build and a larger private yard. It appeals to those who value a property that stands out in terms of investment (per its assessment) within a sought-after community, rather than just the maximum square footage. It’s a practical choice for small families, downsizers, or first-time buyers seeking a balance between neighbourhood prestige and a home that may require less immediate updating.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessment ranks in the top 8% for both the street and the Lord Roberts neighbourhood. This typically reflects a combination of factors like the home’s condition, its newer 1953 construction date relative to many neighbouring houses from the 1910s, and its larger lot size, all of which contribute to a higher valuation.
2. How does the living space compare to the average home?
At 1,062 sqft, the living area is slightly below the average for Lord Roberts but is almost identical to the overall Winnipeg city-wide average. It represents a comfortable, mid-sized layout rather than an expansive one.
3. What does the 1953 build year mean for a buyer?
In a neighbourhood with many homes built before 1920, a 1953 build is a significant advantage. It often means more modern construction materials, electrical systems, and plumbing, which can translate to lower immediate maintenance costs and fewer concerns about outdated foundations or framing.
4. Is the lot size typical for the area?
No, the 4,815 sqft lot is above average for both Rosedale Avenue and the wider Lord Roberts neighbourhood. This is a key appeal, offering more private outdoor space than many comparable properties in the community.
5. Where can I see more detailed context about this specific location?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, allowing for a direct visual comparison of year built, living area, assessed value, and lot size with its immediate neighbours.