Property Summary: 203-323 Wellington Crescent, Roslyn, Winnipeg
Section 1: Key Characteristics & Appeal
This condominium at 323 Wellington Crescent offers a practical living space of 1,460 sqft, built in 1971. Its primary appeal lies in its efficient use of space and desirable location. While its assessed value of $277k is around the average for its street, the unit's living area is notably above average for both the Roslyn neighborhood and the city of Winnipeg overall. This suggests you get more square footage for your dollar here compared to many other areas. The property last sold in May 2024 within the $150k-$200k range.
The unit would suit value-conscious buyers looking for a spacious layout in a central neighborhood without a premium price tag. It’s a practical choice for those who prioritize interior space over a newer build date or a top-tier street assessment. A less obvious perspective is that its "around average" metrics on Wellington Crescent itself might indicate a more accessible entry point into the address, while still providing the neighborhood benefits of Roslyn, which ranks highly for living area.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the area?
The data suggests it is a strong value for space. The living area is in the top 15% for the Roslyn neighborhood and top 10% city-wide, while the assessed value is closer to the average. This indicates you may get more square footage per dollar here than in many comparable properties.
2. Why is the assessed value different from the recent sold price?
The assessed value ($277k) is for municipal tax purposes and is based on a mass appraisal system. The sold price (reported between $150k-$200k in 2024) is the market price a buyer actually paid. This discrepancy is not uncommon and can be due to many factors, including property condition, specific market conditions at the time of sale, and updates needed.
3. What does the "Year Built" ranking mean for a 1971 building?
While the building is older than the city-wide average for comparable homes, it is actually newer than the average in the Roslyn neighborhood. This suggests the building fits the general character of the area, which features many established properties. Buyers should focus on the building's specific maintenance and reserve fund.
4. Are the sold prices shown here the official MLS records?
No. The sold price data provided is gathered from public sources and is presented in a range for non-registered users. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed due to industry rules.
5. What is the immediate building environment like?
The listing shows several other units within the same address (e.g., 1103-323, 301-323), indicating this is a multi-unit condominium complex. Prospective buyers should investigate the condo corporation's health, rules, fees, and the number of units to understand the shared living dynamic.