Property Overview: 366 Roberta Avenue, Winnipeg
Key Characteristics & Appeal
This 990 sqft home at 366 Roberta Avenue in Rossmere-B presents a compelling mix of modern convenience within an established neighborhood. Its standout feature is its age: built in 2018, it is among the newest homes on its street and in the wider area, ranking in the top 1%. This translates to likely benefits such as modern building standards, newer mechanical systems, and minimal immediate repair needs.
The home’s assessed value of $367k is notably above average for both the street and the Rossmere-B neighborhood, ranking in the top 14% and 7% respectively. This suggests the property is viewed as a premium offering in its immediate context, likely due to its new construction. The living area is average for the neighborhood but below the Winnipeg city average, indicating a compact, efficient layout.
The primary trade-off is the land size. At 2,497 sqft, the lot is significantly smaller than typical for the area, ranking in the bottom 5% on the street. This limits expansive outdoor space but also reduces maintenance.
This property would ideally suit first-time buyers or downsizers seeking a modern, low-maintenance home in a quiet neighborhood without the concerns of an older structure. It’s also a practical choice for those who prioritize interior condition over large yard space. The above-average assessment for the area indicates it may appeal to buyers looking for a perceived "move-in ready" asset in a community of mostly older homes.
Frequently Asked Questions
1. Why is the assessed value so high compared to neighboring homes?
The assessed value reflects the property’s very recent construction year (2018). Compared to the neighborhood average build year of 1955, this modern build with contemporary materials and systems commands a premium valuation.
2. Is the smaller lot size a major drawback?
It depends on your lifestyle. The lot requires less upkeep, which is a benefit for those seeking low maintenance. However, it offers limited space for additions, large gardens, or extensive outdoor recreation compared to other homes in Rossmere-B.
3. What does the sold price history indicate?
Records show it last sold between $350k-$400k in early 2018. This aligns with its current above-average assessed value for the area and suggests stable or appreciating value in its micro-market.
4. How does the living space compare practically?
At 990 sqft, the home is efficiently sized. It’s average for Rossmere-B but smaller than the typical Winnipeg home. This suits simpler living arrangements but may feel compact for those needing multiple dedicated rooms or ample storage.
5. What is the broader neighborhood context?
Rossmere-B is characterized by homes built primarily in the mid-20th century. This property is a clear outlier in age, meaning you’ll have a newer home while the surrounding community and mature landscaping are well-established.