Property Overview
This two-storey home at 603 Roberta Avenue in Winnipeg's Rossmere-B neighbourhood presents a compelling opportunity. Built in 1967, it sits on a large, approximately 6,000 sqft lot. The key feature is its generous 2,356 sqft of living space, which is exceptionally large for the area, ranking in the top 1% on its street and top 4% citywide. The home benefits from a renovated basement and an attached garage. Its last known sale was in July 2019 for $440,000, and it currently holds a municipal assessed value of $45,600.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average scale and established location. The living area is significantly larger than most comparable homes in Rossmere-B, offering ample room for a growing family, dedicated work-from-home spaces, or multi-generational living. The renovated basement adds valuable finished space. The lot size is also well above the street and neighbourhood average, providing generous outdoor space for recreation and gardening.
Its appeal is grounded in value for space. It suits buyers looking for a substantial home in a mature, established neighbourhood without the premium of a newer build. It would particularly fit families seeking more interior room to grow, or value-conscious purchasers who prioritize square footage and lot size over a move-in-ready modern finish. A thoughtful perspective is that homes of this vintage and size on large lots often present the best long-term redevelopment or expansion potential in established areas, should future needs or opportunities arise.
Frequently Asked Questions
1. Why is there such a large gap between the 2019 sale price ($440k) and the current assessed value ($45.6k)?
The assessed value is for municipal tax purposes and is not an indicator of market value. Market value is determined by recent sales of comparable properties, condition, and current market demand.
2. How does the size of this home compare to others nearby?
The living area is exceptionally large for the area. The data shows it is larger than 99% of homes on its street and nearly all homes in the wider Rossmere-B neighbourhood, making it a standout in terms of interior space.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or quality. This is a key point for a buyer to investigate to understand the finish, ceiling height, legal compliance, and whether it includes features like a bathroom or separate entrance.
4. Is the 1967 build date a concern?
While the home is not new, its build date is newer than many in the immediate area, ranking in the top 10% on its street. The condition of major systems (roof, wiring, plumbing, windows) and the quality of updates will be more important than the year itself.
5. What is the neighbourhood like?
Rossmere-B is a mature, established neighbourhood in Winnipeg. The property's rankings show it is among the larger, newer, and higher-valued homes within its immediate context, suggesting it is in a well-regarded pocket of the area.