Property Overview: 222 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in King Edward presents a compelling blend of space, location, and value. Its primary appeal lies in its generous proportions relative to the immediate area. With 1,398 sqft of living space, it ranks in the top 5% on its street and top 6% in the neighbourhood, offering significantly more interior room than local averages. This is complemented by an above-average land area of over 5,400 sqft, providing ample outdoor space—a notable asset in an established community.
The home suits two main types of buyers. First, value-conscious buyers seeking "more house" within a specific neighbourhood budget will find its spacious interior and large lot stand out. Second, it appeals to those interested in a home with character (built in 1918) and the potential that comes with a renovated basement and a detached garage, balanced by a city-wide assessed value that sits below average, suggesting a manageable tax burden.
A less obvious perspective is its positioning as a relative standout within its immediate context rather than the broader city. While its size is exceptional for Roseberry Street and King Edward, it aligns with the city's average living area. This indicates you're purchasing a leading property on the block, not necessarily an oversized one for Winnipeg. The data suggests a property that offers neighbourhood prestige and practicality at a city-scale price point.
Frequently Asked Questions
1. How does the home's size truly compare?
At 1,398 sqft, the living area is approximately 50% larger than the average home on Roseberry Street (~963 sqft) and in the King Edward neighbourhood (~952 sqft). City-wide, it is very close to the average living area.
2. What does the assessed value indicate?
The assessed value of $26,100k is around average for both the street and neighbourhood but falls in the bottom 20% city-wide. This typically suggests a relatively lower property tax bill compared to many homes across Winnipeg.
3. Is the large lot size unusual?
Yes. The 5,419 sqft lot is in the top 20% on the street and top 13% in King Edward, where lots average under 4,000 sqft. It offers more outdoor space than most nearby properties.
4. What is the significance of the sold price history?
The home sold previously in February 2016. The provided price range is based on public data; for precise historical sale figures to inform your offer, you must request the exact data via email from the listing service.
5. Who are the most logical competing buyers?
Given its metrics, likely competition would come from buyers prioritizing lot size and interior space within established neighbourhoods like King Edward over a brand-new home, as well as those looking for a character home with modern updates like the renovated basement.