Property Overview: 319 Rose Hill Way, Winnipeg
Key Characteristics & Appeal
This 1986 four-level split home in Inkster Gardens offers a practical and spacious layout with 1,722 sqft of living space, which is notably above average for its immediate street and neighborhood. Its appeal lies in a balance of established community character and tangible space for the price. The home features an attached garage and a renovated basement, adding functional living and storage areas. The lot size of 5,680 sqft is generous for the area, providing good outdoor space.
The property suits buyers looking for a home that offers more interior room than many comparable options in the vicinity, without a premium price tag. Its assessed value is competitive, positioning it as a solid value proposition. It would particularly appeal to growing families or those needing multiple living levels, or to value-conscious buyers who prioritize more finished square footage over a newer build date. A thoughtful perspective is that while the home is 40 years old, its year built is actually newer than many city-wide comparables, suggesting it may have undergone updates (like the basement) and could have a more modern foundation than older Winnipeg stock.
Frequently Asked Questions
1. How does the living space truly compare to other homes?
The living area is a key strength. It ranks in the top 11% on its own street and the top 21% in the Inkster Gardens area, meaning it offers significantly more space than most direct neighbors and community peers.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($42.90k) is a municipal valuation for tax purposes. Market conditions ultimately determine sale price. Notably, this assessment is above average for the street but around the middle range for the wider neighborhood, suggesting it's not an outlier.
3. What does the sale history tell us?
The home last sold in July 2019 for an estimated range of $34.50k-$37.50k. This historical data provides a benchmark, but current market value will be influenced by factors like the renovated basement and today's market dynamics.
4. What are the pros and cons of a four-level split layout?
Pros include defined separation of living spaces (often good for families) and potential for privacy. Cons can involve more stairs to navigate and a layout that feels more segmented than an open-concept design.
5. How does the lot size impact the property?
At 5,680 sqft, the lot is above average for Inkster Gardens. This means more private outdoor space than many nearby properties, which is a valued feature for gardening, play, or entertaining, and can contribute to future value.