140 Roseberry Street

Property Overview: 140 Roseberry Street, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Bruce Park is defined by its modest scale and its value as a land proposition. Built in 1923, the 690 sqft living area is notably compact, ranking well below average for the neighbourhood and city. Its primary asset is the 2,712 sqft lot, which is around average for Roseberry Street itself. The home features a renovated basement and a detached garage.

The appeal lies in its efficiency and potential. It suits a specific buyer: someone seeking an affordable entry into the Bruce Park area, likely prioritizing location over square footage. It could be ideal for a first-time buyer, an investor, or someone looking to downsize into a low-maintenance footprint. The renovated basement adds functional space, making the livable area more flexible than the main floor suggests. A thoughtful perspective is that its below-average living area and above-average assessed value for the street indicate the value is anchored in the lot and location, not the structure's size. This positions it as a "blank canvas" property where future expansion or redevelopment could be a consideration.

Section 2: Frequently Asked Questions

1. Is the house too small for practical living?
While the main floor is compact, the renovated basement provides additional finished space, creating a more functional total living environment than the 690 sqft metric alone implies.

2. How does the assessed value compare?
The assessed value is above average for Roseberry Street, but below the Winnipeg average. This typically reflects the desirable location within a established neighbourhood, despite the home's smaller size.

3. What is the neighbourhood like for a home of this age?
Bruce Park features homes of varying ages. The 1923 build date is around average for both the immediate street and the broader neighbourhood, so you would be among similar vintage properties.

4. What are the implications of the lot size?
At 2,712 sqft, the lot is a standard size for the street. It offers adequate outdoor space for a city home but is not an unusually large parcel. Its average size on the street is a positive for maintaining neighbourhood character.

5. Was the previous sale price typical?
The home sold in late 2020 for $27,500. Market conditions have shifted since then, so that figure is a historical data point. Its current assessed value is slightly higher, which is common following renovations.