Property Overview
This 880 sqft bi-level home at 272 Roseberry Street in Winnipeg's King Edward neighbourhood presents a practical and modernized living option. Built in 1991, it is a notably newer construction compared to many homes in the area and citywide. Key features include a renovated basement, contributing to its usable space, and a standard city lot of 3,576 sqft. It does not have a garage or pool. The home's assessed value is positioned above average for its immediate neighbourhood and street, suggesting it is well-maintained relative to local comparables.
Key Characteristics & Appeal
The primary appeal of this property lies in its relative modernity and efficient use of space. As a bi-level with a renovated basement, it offers a functional layout for everyday living. Its 1991 build date is a significant advantage, likely meaning fewer concerns about major aging infrastructure (like plumbing or electrical) common in Winnipeg's older housing stock. The home holds its value well within the King Edward area, ranking above average for assessed value among neighbours.
This home would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready property without the premium price of a brand-new build. It’s also a sensible choice for value-focused investors or buyers who prioritize a newer structure over a larger square footage, as its living area is below the citywide average. The lack of a garage means it appeals to those comfortable with street parking or considering adding a parking structure later.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 880 sqft, the living area is close to the average for both Roseberry Street and the King Edward neighbourhood. However, it is notably more compact than the typical Winnipeg home, which averages around 1,342 sqft.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($28,900) is a municipal valuation for tax purposes, not a market price. Recent nearby sales data suggests a market price in a similar range, but a professional appraisal or comparative market analysis is needed for an accurate current value.
3. What are the advantages of a 1991 build date?
A home built in 1991 benefits from modern construction standards, materials, and building codes. This often translates to better energy efficiency, updated electrical systems (like 100-amp service or higher), and less immediate worry about costly repairs needed in much older century homes.
4. What does "renovated basement" typically include in a home of this age?
While specifics require a viewing, in a 1990s bi-level, this often means the lower level has been finished into a proper living space with drywall, flooring, and possibly a secondary bedroom or recreational room, adding significantly to the home's functional area.
5. The home has no garage. Is that common for the area?
Many homes in older Winnipeg neighbourhoods, including King Edward, were built without garages. The lot size is sufficient to potentially add one, subject to city zoning and permit regulations. Street parking is the norm for many residents here.