Property Overview & Appeal
55 Roselawn Bay is a well-established home in Winnipeg's Rossmere-A neighborhood. Built in 1969, its key characteristic is its balance within its surroundings. The 1,255 sqft living area is slightly above average for the broader neighborhood, offering comfortable space, while the assessed value of $350k sits below the average for its own street, suggesting potential value relative to immediate neighbors. The lot size of 5,753 sqft is typical for the area.
The appeal lies in its position within a mature, stable community. It represents a solid, middle-ground option—not the largest or newest on the block, but a dependable property in a neighborhood that ranks well above the city average for living space. It last sold in mid-2020 in the $300k-$350k range.
This home would suit practical buyers looking for a move-in ready foundation in a settled area, such as young families seeking community stability or downsizers wanting a manageable property without leaving a desirable neighborhood. It’s for those who prioritize neighborhood character over having the biggest house on the street.
Frequently Asked Questions
How does this home compare to others on Roselawn Bay?
It is a slightly newer-than-average build (1969 vs. 1968 street average) with a moderately smaller lot and living area than its direct street neighbors. Its assessed value is notably below the street average, which may indicate different update levels or simply a valuation gap.
Is the assessed value a reliable indicator of the selling price?
The assessed value ($350k) is for municipal tax purposes. Market conditions ultimately determine sale price. The home last sold between $300k-$350k in 2020, and current nearby listings have assessed values ranging from ~$336k to $433k, providing a useful benchmark range.
What does the neighborhood ranking actually mean?
The data shows Rossmere-A ranks in the top 17% of Winnipeg neighborhoods for living area, meaning homes here tend to be more spacious than in most of the city. This suggests a neighborhood of established, family-sized homes.
How does the lot size impact potential?
At 5,753 sqft, the lot is very close to the neighborhood average but smaller than the average lot on Roselawn Bay itself. This is typical for the area and suitable for standard backyard amenities, but may offer less privacy or expansion space than some larger lots on the same street.
Where can I see more detailed context about the immediate area?
The provided neighborhood analysis map allows for a direct visual comparison with nearby houses regarding year built, living area, assessed value, and lot size, which is crucial for understanding this home's specific standing on its block.