Property Overview: 481 Roberta Avenue, Winnipeg
Key Characteristics & Appeal
This 970 sqft bungalow, built in 1956 on a standard 4,976 sqft lot in Rossmere-B, presents a straightforward, value-oriented opportunity. Its primary appeal lies in its positioning as a competitively priced entry point into a stable neighborhood. The home's assessed value of $284k is notably below averages for its street, area, and the wider Winnipeg market, suggesting potential for buyers focused on affordability and equity building over time.
The home suits first-time buyers or practical investors seeking a functional property without premium pricing. Its living space is typical for the immediate area but smaller than the city average, aligning with a simpler, lower-maintenance lifestyle. A thoughtful perspective is that its "below average" valuation against peers might indicate a property ripe for cosmetic updates, allowing a buyer to add value through renovations rather than paying for them upfront. The lot size is consistent with the streetscape, offering standard outdoor space without extensive upkeep.
Frequently Asked Questions
1. How does this home's value compare to recent sales on the street?
Based on available data, the last recorded sale for this property was between $250k-$300k in April 2019. Its current assessed value remains below the street's average, indicating it may be priced competitively within the neighborhood.
2. Is the living space smaller than most Winnipeg homes?
Yes. At 970 sqft, it is below the Winnipeg average for comparable homes. However, it is very much in line with the typical size found in the Rossmere-B neighborhood itself, where many homes offer efficient, manageable layouts.
3. What does the "Below Average" assessed value ranking mean?
This ranking means the home's official assessed value is lower than most comparable homes in its comparison group. This can be a sign of a value opportunity, but it's essential to view the property in person to understand the condition and features that contribute to this assessment.
4. Are sold prices on this site exact?
No. For privacy and data licensing reasons, the sold prices shown are presented in ranges. To obtain verified, exact historical sale figures, you must request them directly via the site's manual lookup service.
5. The home was built in 1956. What should I consider?
Homes of this era are common in the area and often feature solid construction. A pre-purchase inspection is crucial to evaluate the condition of major aging components, such as the roof, plumbing, electrical systems, and foundation, and to budget for any necessary updates.