Property Overview: 307 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This bi-level home at 307 Roseberry Street in Winnipeg's King Edward neighbourhood presents a practical and modern living opportunity. Its key appeal lies in being a relatively new construction (built in 2013) within an established area, offering move-in readiness with a renovated basement. With 857 sqft of living space, it is comfortably sized for a small household, ranking around average for its immediate street and neighbourhood.
The home’s assessed value is notably above average for both Roseberry Street and the wider King Edward area, suggesting it is a well-regarded property within its local context. The lot size of 2,710 sqft is compact, which translates to lower maintenance—a significant perk for those seeking an urban lifestyle without extensive yard work. This combination of newer infrastructure, efficient use of space, and a location in a mature community makes it a compelling option.
This property would ideally suit first-time homebuyers, downsizers, or investors looking for a modern, low-maintenance home in a central Winnipeg neighbourhood. Its above-average assessment for the area indicates a solid foundation of value, while the manageable scale appeals to those prioritizing simplicity and efficiency over sheer size.
Frequently Asked Questions
1. How does the property’s value compare to nearby sales?
Based on available data, a home with a similar assessed value on the same street sold in mid-2017 for between $27.5k and $30.5k. It’s important to consult a real estate professional for a current market valuation and analysis of more recent sales.
2. What does the “above average” assessed value for the street mean?
While the home’s living area is typical for Roseberry Street, its official assessed value ranks in the top 16% of comparable homes on the street. This often reflects factors like its newer construction year (2013) and renovations, suggesting it may be in better condition or have more modern features than many neighbouring properties.
3. Is the living space sufficient for a family?
At 857 sqft, the living area is below the Winnipeg city-wide average. The bi-level layout with a renovated basement does add functional space, but the home is generally best suited for individuals, couples, or small families who value efficient design over expansive room sizes.
4. What are the implications of the smaller lot size?
The 2,710 sqft lot is below average for the city, which typically means less outdoor maintenance and lower property taxes related to land value. For buyers, this is a trade-off: it offers a manageable yard but limited space for large gardens, expansions, or extensive outdoor recreation.
5. How can I find out the exact historical sold prices?
The provider of this data offers to supply exact sold price history upon request via email, as the figures shown are publicly sourced ranges. They state this is a manual process with a same-day turnaround and that emails are not used for unsolicited marketing.