Property Overview & Key Characteristics
This one-storey home at 268 Roseberry Street in Winnipeg's King Edward neighbourhood presents a classic, grounded opportunity. Built in 1918, its 924 sqft living area is typical for the immediate area but offers a more compact footprint compared to the city-wide average. A key feature is the renovated basement, adding functional space. The detached garage and a land area of just over 4,500 sqft provide valuable outdoor utility and potential for a mature garden or private outdoor space.
Its appeal lies in its established community context. The home holds an assessed value that is above average for both its street and neighbourhood, suggesting it is a well-regarded property within a consistent and historic area. It suits a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who values character, a manageable lot size, and the stability of an older, central neighbourhood over a brand-new build. It’s a home for someone who sees the value in a renovated basement and a detached garage, and who prefers a community where homes have a shared history.
Frequently Asked Questions
1. How does the home's size compare to others?
At 924 sqft, the living area is very close to the average for both Roseberry Street and the broader King Edward neighbourhood. It is, however, notably cozier than the typical Winnipeg home, which averages around 1,342 sqft.
2. Is the assessed value high or low?
The assessed value is above average for the immediate street and neighbourhood, which is a positive sign of its standing in the local market. It is below the city-wide average, which is influenced by newer, larger homes in suburban areas.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the finish quality, ceiling height, and whether it includes a legal suite or additional living areas.
4. What is the neighbourhood like for an older home?
King Edward features homes from a similar era, with this property's 1918 build date being around the middle of the pack for the area. This suggests a streetscape with classic character, but also that maintenance and updates are common considerations for neighbours.
5. How does the lot size impact potential?
The lot is a generous size for the neighbourhood, over 4,500 sqft. This is a standout feature, offering more private outdoor space than many nearby properties and potential for additions, landscaping, or gardening, subject to local zoning.