Property Overview: 75 Rose Hill Way, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 75 Rose Hill Way in Inkster Gardens is defined by a compelling contrast between its modest living space and its exceptional lot size. Built in 1983, the 1,074 sqft house features a renovated basement and an attached garage. Its living area and assessed value are generally around average for its immediate street, neighborhood, and the wider city.
The property’s standout feature is its land. At 9,106 sqft, the lot is exceptionally large, ranking in the top 1-2% compared to other homes on Rose Hill Way and in Inkster Gardens. This presents a significant opportunity for expansion, gardening, outdoor living, or simply enjoying ample private space—a rarity in many urban settings.
The appeal here is for a practical buyer who sees potential beyond the current footprint. It would suit a first-time homeowner or a downsizer comfortable with a cozier interior who prioritizes outdoor space and future flexibility. It’s also a sensible option for an investor or handy buyer looking for a property where the core value is anchored in the land itself, with a house that offers functional basics. The recent basement renovation adds modern livability, making it move-in ready while the large lot holds long-term value.
Section 2: Frequently Asked Questions
1. Is the lot truly as large as it seems, and can it be subdivided?
Yes, at over 9,100 sqft, the lot is significantly larger than the neighborhood average of ~4,800-5,600 sqft. Whether it can be subdivided depends on current City of Winnipeg zoning bylaws, which would require verification with the city planning department.
2. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. The last recorded sale was in early 2020. Current market conditions, the renovated basement, and the premium lot size will be the primary drivers of the final sale price.
3. What does "around average" for the house itself mean for maintenance?
Built in 1983, the home is older than many in Inkster Gardens. While the basement is renovated, a buyer should budget for the maintenance typical of a 40-year-old home, such as potential updates to roofing, windows, or major mechanical systems.
4. The home sold in 2020. What might have changed since then?
Beyond the noted basement renovation, other updates may have been made. A thorough walk-through and inquiry with the listing agent is essential to understand all recent improvements made by the current owners.
5. How does this property compare to the reference home at 86 Rose Hill Way?
The reference home (86 Rose Hill Way) is very similar in age, size, and assessed value, providing a good benchmark for the basic house structure. The key differentiator for 75 Rose Hill Way is its vastly larger lot, which is not reflected in that comparison.