Property Overview: 373 Roberta Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Appeal
This Rossmere-B bungalow, built in 1953, presents a practical and affordable entry point into the Winnipeg market. Its key appeal lies in its position as a competitively priced home in an established neighborhood, offering a manageable scale for first-time buyers, downsizers, or investors.
The 926 sqft living area is modest, consistently ranking below average for its street, neighborhood, and city. This translates to lower utility costs and less maintenance, suiting those seeking simplicity. The lot size of 4,495 sqft is also slightly below the local average but provides adequate outdoor space for gardening or relaxation without being burdensome.
With an assessed value of $299k, which is below the street and city averages, the property represents relative value within its immediate area. This is underscored by its last sold price (2023) ranking in the top 12-13% for the neighborhood, suggesting it may attract attention for its pricing. The home would suit a value-conscious buyer who prioritizes location and lot ownership over square footage, and who is comfortable with a home that may require updates common to its era. It’s a straightforward property that offers the fundamentals of homeownership without premium size or price tags.
Section 2: Frequently Asked Questions
1. Is the living area too small for a small family?
While below average in size, the 926 sqft layout is typical of many 1950s bungalows. It may work for a small or starter family, but prospective buyers should carefully consider space needs, especially if planning to work from home or if more bedrooms are required.
2. How does the assessed value compare to the likely selling price?
The assessed value is $299k. The home sold for between $350k-$400k in July 2023, which ranked highly for the area at that time. Market conditions change, so this past sale indicates strong buyer interest, but a current evaluation is essential.
3. What are the implications of the below-average lot size?
At 4,495 sqft, the lot is smaller than many on the street but is still a good size for a bungalow. It means less yard maintenance but may offer less privacy or expansion potential compared to neighboring properties.
4. Are there any obvious red flags from the data provided?
The data itself doesn’t show red flags, but the consistent "below average" rankings for living area and lot size simply confirm this is a more compact property. Buyers should verify the condition of major systems (roof, plumbing, electrical) common to homes of this age.
5. How can I get the exact historical sold prices for this home?
The site does not display exact MLS sold figures. You can request the exact sold price history by emailing the provided address for a manual lookup, which they will send directly to you.