Property Overview: 195 Roger Street, Norwood East, Winnipeg
Key Characteristics & Buyer Appeal
This 1929 home on a 3,444 sqft lot presents a practical, entry-level opportunity in the established Norwood East neighborhood. With 973 sqft of living space, its size is typical for its immediate street but sits below the averages for both the wider neighborhood and Winnipeg overall. This positions it as a more compact and potentially manageable property.
Its core appeal lies in its relative affordability, as reflected in its assessed value of $261k, which is below area and city benchmarks. This makes it a candidate for first-time buyers, downsizers, or investors seeking a lower entry point into a mature community. A thoughtful perspective is that its 1929 build date is actually newer than many homes on its street, suggesting it may have benefited from slightly updated construction methods for its era. The lot, while smaller than many in Winnipeg, is proportionally sized for the home and offers standard outdoor space without excessive maintenance.
This property would best suit a buyer with realistic expectations, prioritizing location and getting into the market over size or modern finishes. It’s a home that offers the character of an older neighborhood without the premium price tag of a larger lot or a more recently built house.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
Based on assessed value, this home is priced below the Norwood East average, suggesting a more affordable entry into the area. However, its living space and lot size are also below neighborhood averages, indicating you are paying for location and a smaller, more modest property.
2. What can the 2016 sale price tell me?
The home sold between $200k-$250k in mid-2016. This provides a historical benchmark, but market conditions have changed significantly since then. The current assessed value offers a more contemporary, though not market, valuation.
3. How does the lot size impact potential?
At 3,444 sqft, the lot is smaller than many in the city. This likely limits potential for large additions but is sufficient for a garden, patio, or deck. It also typically translates to less yard maintenance.
4. Are the provided "exact sold prices" from the MLS?
No. The site clarifies that its sold data is from public sources, not the MLS. For fully verified sales history and exact figures, you must request a manual lookup from the site via email.
5. The home was built in 1929. What should I consider?
While older, it’s actually newer than many homes on its street. Still, a home of this age will likely have older building systems (like plumbing, wiring, and heating) and may require updates or diligent maintenance. A thorough inspection is essential.