Property Overview
This home at 555 Rosedale Avenue in Winnipeg's Lord Roberts neighbourhood presents a classic, early-20th century character combined with solid value. Built in 1912, the 1,152 sqft house sits on a 3,755 sqft lot. Its recent sale price (2024) fell between $400,000 and $450,000, which is notably above the average for its immediate street and area, indicating strong market appeal. The assessed value of $36,800K is also above average for Lord Roberts, suggesting official recognition of its worth relative to neighbours.
Key Characteristics & Appeal
The primary appeal of this property lies in its established location and evident value retention. It’s not the largest or newest home on the block, but it consistently performs above average in key financial metrics for its immediate area, particularly in assessed and sold value. This points to a well-maintained home in a stable, desirable pocket of Lord Roberts. Its character, stemming from its 1912 origins, adds a sense of history and craftsmanship often sought in mature neighbourhoods.
This home would suit a buyer looking for a grounded investment in a character neighbourhood, who values being in a home that stands above its direct peers in terms of market value. It’s ideal for someone who appreciates the charm of an older home but is reassured by its strong performance in recent sales, indicating it's a sound and competitive property within its local context.
Frequently Asked Questions
1. Why is the sold price listed as a range?
The provided price ranges are based on publicly available data. To receive the exact historical sold price, you can request it via email from the listing service.
2. How does this home compare to others nearby?
The data shows this home’s assessed value is in the top 14% for the Lord Roberts area, meaning it’s officially valued higher than most comparable homes nearby. Its 2024 sale price was also well above the local average.
3. Is the lot size a drawback?
While the lot is below the city-wide average, it is very typical for the dense, established Lord Roberts neighbourhood. It is squarely average for Rosedale Avenue itself, so it aligns with community expectations rather than standing out as unusually small.
4. What does the "Year Built" ranking mean?
Built in 1912, it’s an older home even for its historic neighbourhood. This ranking indicates it’s older than most homes across Winnipeg, but is around the average age for houses on Rosedale Avenue. Buyers should factor in the potential for character-rich features alongside the maintenance typical of a century-old home.
5. Who would benefit from requesting the exact sold price history?
Serious buyers or those conducting detailed market analysis would benefit most. Knowing the exact price from the 2024 sale, compared to the 2016 sale range of $200,000-$250,000, provides a clear picture of the property’s appreciation and helps in formulating a competitive offer.