Property Overview: 123 Roseberry Street, Bruce Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-situated one-storey home built in 1920, offering a blend of established neighbourhood charm and practical updates. Its primary appeal lies in its generous 5,425 sqft lot, which places it in the top 5% for land size on its own street, providing significant outdoor space and potential in a mature area. The home itself is modest in size at 960 sqft, with a renovated basement adding functional living space. A detached garage completes the picture.
The property suits buyers looking for a solid entry point into the sought-after Bruce Park area, prioritizing land value and location over a large existing footprint. It’s ideal for downsizers, first-time buyers comfortable with a cozy main floor, or investors who see value in the lot size and the renovated basement as a rental suite opportunity. A thoughtful perspective is that while the living area is below the neighbourhood average, the above-average assessed value for the street suggests the combination of lot size, location, and renovations is recognized as a premium asset within this specific, historic streetscape.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The 5,425 sqft lot is notably larger than most on Roseberry Street, placing it in the top 5% for the street. It is broadly average for the wider Bruce Park neighbourhood.
2. Is the home considered small for the area?
Yes. With 960 sqft of living area, it is below the average for both the Bruce Park neighbourhood and Winnipeg overall, but is typical for homes on this specific street.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent regarding its condition and permitted uses.
4. How old is the home, and what might that mean?
Built in 1920, the home is 106 years old. This is typical for its street but older than the city average. Buyers should budget for maintenance consistent with a century-old property and consider the character and potential heritage of the home.
5. Why is the assessed value relatively high for the street?
At $29,600, the assessed value ranks above the street average. This likely reflects the valuable combination of the large lot, the renovated basement, and the desirable Bruce Park location, even with a smaller main floor plan.