Property Overview: 518 Roberta Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 518 Roberta Avenue in the Rossmere-B neighborhood presents a solid, above-average offering within its immediate community. Built in 1961, the 1,356 sqft house sits on a 5,468 sqft lot. The core appeal lies in its strong positioning relative to its direct surroundings. It ranks in the top 15% on its street for living space and top 17% for assessed value, indicating it is a larger and more valuable property than most of its neighbors. This suggests a well-maintained or updated home in a stable area.
Its appeal is grounded in value and space for the area. Buyers get more house and lot than the Rossmere-B average, yet the assessed value remains below the Winnipeg citywide average, pointing to potential value. It would suit practical buyers—growing families or downsizers alike—who prioritize space, a established neighborhood, and a property that stands out positively on its block without a premium citywide price tag. A thoughtful perspective is that this home likely offers the "sweet spot" of neighborhood prestige; it's a leading property on its street, which can contribute to stability and pride of ownership, without the tax burden that can come with top-tier citywide valuations.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it consistently outperforms local benchmarks. It has more living space than 85% of homes on Roberta Avenue and is more valuable than 83% of them. In the wider Rossmere-B area, it ranks in the top 10% for size and value.
2. What was the exact sold price?
Public records show it sold between July 2024 for a price in the range of CA$400,000–450,000, placing it in the top 6% of sale prices for the Rossmere-B area at that time. For fully verified and exact figures, a manual records lookup is required.
3. Is the assessed value a reliable indicator of the market price?
The assessed value of $361k is above the local average but below the city average. It's a useful benchmark for property taxes, but the recent sold price range suggests the market value was higher, which is common for well-positioned homes in desirable pockets of a neighborhood.
4. What does the year built (1961) imply?
Built later than most homes in Rossmere-B, this house is newer than 89% of its neighborhood peers. This often suggests potentially updated infrastructure (like plumbing or electrical) compared to older area homes, but a thorough inspection is still essential.
5. Who might this property not suit?
Buyers seeking a brand-new home or a property that ranks in the top tier citywide for size or luxury may find it average. Similarly, investors looking for the absolute lowest entry price in the area might find better options, as this home commands a premium within its specific locale.