Property Overview: 319 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This 1918 one-storey home in King Edward offers a practical, renovated living space on a manageable lot. With 942 square feet of living area and a renovated basement, it provides functional space that is squarely average for its established neighbourhood. Its assessed value of $250,000 reflects its local market positioning, being typical for King Edward but below the citywide average, suggesting a relative value within an inner-city area. The detached garage adds utility.
The primary appeal lies in its location and condition. It suits a first-time homebuyer or an investor looking for a character home with foundational updates already in place, without the premium of a newer or larger property. A thoughtful perspective is that its "average" metrics within the neighbourhood indicate stability and predictability, offering a lower-risk entry into a mature community compared to a standout property that may be over-improved for the area. It’s a home for someone prioritizing location and livable condition over size or modern luxury.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 942 sq ft, the living area is very close to the average for both Roseberry Street and the wider King Edward neighbourhood, making it a typical offering for the area.
2. What does the assessed value tell me about the property?
The $250,000 assessment is around the middle of the pack locally, but ranks below average citywide. This often indicates a value opportunity for buyers wanting an inner-city location without paying a suburban-size price premium.
3. Is the older age of the home (1918) a concern?
While older than the city average, its age is typical for King Edward. The key detail is the renovated basement, suggesting some updates have been made. A pre-purchase inspection is always advised to understand the condition of major systems.
4. How does the lot size impact the property?
The 2,710 sq ft lot is smaller than many on its street and significantly smaller than the Winnipeg average. This means lower maintenance, but also limits expansion potential. It's a trade-off that aligns with a low-maintenance lifestyle.
5. Can I find out the exact historical sale prices?
Exact sold prices are not publicly listed in the provided data. The listing service offers to provide this information directly via email upon request, with the last recorded sale range shown as between $255,000 and $285,000 in September 2020.