Property Overview: 115 Roseberry Street, Bruce Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1944, situated on a generously sized lot of approximately 4,753 square feet in Winnipeg's Bruce Park neighborhood. Its key appeal lies in the combination of a renovated basement and a land parcel that is notably larger than many others on its street, offering above-average outdoor space and potential in a mature community. The living area (742 sq ft) is modest, positioning this as a true starter home or a downsizing opportunity.
The property suits practical, value-oriented buyers. It would be ideal for a first-time buyer seeking an entry point into the market with a manageable footprint and a project-ready canvas, or for an investor looking for a land-advantaged property with renovation upside. Its below-average assessed value relative to the broader city suggests a lower property tax burden, which is a key, less-obvious financial benefit. The renovated basement adds immediate functional living space, which is a significant asset in a smaller home. The charm here isn't in grandeur, but in foundational potential: a solid lot in an established area with the heavy lifting of a basement renovation already complete.
Section 2: Frequently Asked Questions
1. Is the house itself particularly small?
Yes. With 742 square feet of living area, the home is significantly smaller than the average for both Bruce Park and Winnipeg overall. This emphasizes a lifestyle centered on efficient living and makes the renovated basement and larger lot even more valuable for expanding usable space.
2. What does "above average" for land area on the street mean practically?
The lot is 4,753 sq ft, ranking in the top 30% on Roseberry Street. This means you have more yard space than most direct neighbors—a notable advantage for gardening, outdoor recreation, or future expansions like a shed or deck, which might not be possible on standard-sized lots nearby.
3. How does the assessed value compare, and why does it matter?
The assessed value is below the citywide average. While market sale price can differ, a lower assessment typically translates to lower annual property taxes, which is an ongoing financial advantage that improves long-term affordability.
4. The home was last sold in 2021. What might that indicate?
The relatively recent sale suggests the current owners have likely undertaken the basement renovation and any other updates in a short timeframe. A pre-purchase inspection would be wise to verify the quality and permits for this recent work.
5. There's no garage. What are the parking options?
The listing notes no garage. Buyers should investigate on-street parking regulations on Roseberry Street or the feasibility and cost of adding a driveway or parking pad to the large lot, as this will be a daily consideration.