Property Overview
35 Rosewood Place is a well-established home in Winnipeg's Norwood West neighbourhood. Built in 1948, it sits on a generous lot and presents a solid, middle-of-the-road offering in terms of living space. Its assessed value positions it as a premium property on its own street while being competitive within the broader area. This home doesn’t lead with flashy size rankings but offers a balanced package with notable stability and maturity for its locale.
Key Characteristics & Appeal
The primary appeal of this property lies in its established character and positional strength. With a living area of 1,215 sq ft, the home provides functional space that is typical for the area. The 5,496 sq ft lot offers ample outdoor potential. The standout data point is its assessed value of $444,000, which ranks in the top 26% on its street and top 29% city-wide, suggesting a perception of above-average worth relative to many peers.
A thoughtful perspective is its vintage. Built in 1948, it is among the oldest homes on Rosewood Place (top 4%), which can be a double-edged sword. It likely possesses classic charm and a mature, established streetscape, but it also implies a greater need for diligent maintenance and potential updates. The home last sold in July 2022 for an estimated $500k–$550k, indicating a relatively recent market transaction.
This home would suit a buyer who values a stable, mature neighbourhood over brand-new construction. It’s ideal for someone comfortable with the character and potential upkeep of an older home but who also appreciates the data-backed indication that it holds above-average value for its immediate surroundings. It’s a practical choice for a long-term resident seeking a grounded investment in a well-located area.
Frequently Asked Questions
1. How does this home’s size compare to others?
The living space is 1,215 sq ft, which is very close to the average for both the street and the wider city. It’s a comfortably sized home that aligns with typical expectations for the area.
2. Why is the assessed value higher than many nearby homes?
With an assessed value of $444,000, this home ranks in the top quarter on its street. This can be influenced by factors like the home’s condition, specific upgrades, lot desirability, or its recent sale price, which may have reset its valuation benchmark.
3. What should I consider about the 1948 build date?
Being one of the older homes on the block means it may have classic architectural details and mature landscaping. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical, and foundation.
4. How reliable is the sold price information shown?
The listed sold price range ($500k–$550k for July 2022) is based on publicly available data. For fully verified and exact historical transaction figures, you must request a manual lookup from the site, as they do not display official MLS records.
5. Is the lot size a significant feature?
At just under 5,500 sq ft, the lot is slightly larger than many in Norwood West but is generally average when viewed city-wide. It provides good outdoor space for gardening, recreation, or expansion, but isn’t an unusually large parcel.