236 Roseberry Street

Property Summary: 236 Roseberry Street, Winnipeg

Section 1: Overview & Appeal

This is a modern, one-storey home built in 2021, offering a move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its key characteristic is its new construction, placing it in the top 1-3% of homes for age on its street and in the area. The 1,000 sqft living space is comfortably above average for the immediate locale, and the basement has been renovated. The property stands out for its high assessed value relative to its neighbours, ranking in the top 2-4% on Roseberry Street, suggesting it is a premium home in its specific context.

The appeal lies in acquiring a nearly new home with modern systems and finishes, without the wait or uncertainties of a build, in an established inner-city area. It suits buyers seeking a low-maintenance, single-level layout with updated living space, and who value being in a neighbourhood where their property is a standout in terms of valuation. A thoughtful perspective is the trade-off: while the home itself is newer and likely more efficient than most on the block, the land area is notably smaller than area averages, which may appeal to those wanting less yard upkeep but is a consideration for future expansion or outdoor space.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to other homes on the street?
The assessed value reflects the property's modern construction (2021) and renovated basement, making it a significantly newer and updated home compared to the neighbourhood's older average stock, which dates to the mid-1940s.

2. What does the "below average" land area ranking mean for me?
The lot is approximately 2,708 sqft, which is smaller than most in Winnipeg. This typically means lower maintenance and less yard work, but it also limits potential for additions like a large deck, garage, or home extension.

3. How does the living space compare to a typical Winnipeg home?
At 1,000 sqft, it's above average for the King Edward area but below the city-wide average. It offers ample space for a couple, small family, or empty-nesters, fitting the scale of the neighbourhood rather than newer suburban standards.

4. The home sold recently in 2024 and before that in 2021. Is that a concern?
The 2021 sale likely corresponded with the home's initial completion. The quick resale in 2024 could be due to many common life changes (relocation, upsizing) and is not inherently a red flag, especially given the property's consistent high assessed value.

5. Are there any obvious drawbacks to a home this new in an older area?
While you benefit from new construction, the home's style and scale may differ from its older neighbours. It's wise to consider the long-term development character of the street and ensure the modern design aligns with your aesthetic preferences.