Property Overview: 470 Roberta Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This Rossmere-B bungalow, built in 1955, presents a practical and affordable entry into the Winnipeg housing market. Its primary appeal lies in its efficient scale and recent sale history, indicating strong market interest. The home is modest in size at 923 sqft, which is below average for the street, neighborhood, and city. However, this translates to lower utility costs and less maintenance, a tangible benefit for budget-conscious owners. The lot size is also more compact than nearby averages, offering manageable outdoor space.
The property’s assessed value is consistently around the average for its immediate area, suggesting it is priced in line with local norms. Its most compelling data point is its sold price in late 2024, which ranked in the top 10% for the street and top 8% for the neighborhood, demonstrating that well-presented, smaller homes in this area can attract competitive bids.
This home would best suit first-time buyers or downsizers seeking a manageable property without a sprawling footprint. It’s a candidate for those who value location and lot ownership over square footage, and it could appeal to an investor or handy buyer looking for a property with solid fundamentals where updates could add value over time.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 923 sqft, the home is cozier than many in Winnipeg. This is ideal for individuals, couples, or small families who prioritize efficient living and lower heating/cleaning overhead over ample space.
2. How does the recent sold price compare to the assessed value?
The home sold in late 2024 for a price that ranked significantly higher than most comparable sales on the street and in the neighborhood. This suggests the market valued it above its assessed value and typical area prices at that time, likely due to its condition, updates, or market dynamics.
3. What is the neighborhood like for a home of this size?
In Rossmere-B, this home’s living area is below the neighborhood average. This can be an advantage, offering a more affordable point of entry into the community. The data shows many homes nearby are of a similar vintage and scale, indicating a stable, established streetscape.
4. Are there expansion possibilities?
The lot, while smaller than some neighbors’, may still allow for additions like a garage, shed, or extension, subject to zoning bylaws and permits. Its manageable size makes landscaping projects more feasible.
5. How can I verify the exact sold price?
The site provides sold price ranges for general reference. To obtain the exact, verified sale figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.