Property Overview: 382 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This bi-level home at 382 Roseberry Street in King Edward presents a practical and modernized option in a neighbourhood of predominantly older homes. Its key appeal lies in its relative newness, being built in 2001, which places it in the top 15% of homes in the area by age. This suggests potentially fewer immediate concerns with major aging components compared to its century-old neighbours. The home features a renovated basement, adding valuable finished living space to its 760 sqft footprint.
The property suits first-time buyers, downsizers, or investors looking for a low-maintenance, entry-point home. Its assessed value is consistent with the local area average, indicating a fairly priced offering within King Edward. While the living space is compact—ranking below average for the city—the lot size is typical for the street. This isn't a sprawling property, but rather a efficient, modern dwelling on a standard city lot. Its recent sale in late 2024 also provides very current market context for valuation.
Frequently Asked Questions
1. Is the home smaller than others in Winnipeg?
Yes. With 760 sqft of living area, it is notably more compact than the Winnipeg city-wide average, placing it in the top 93% (meaning only 7% of city homes are smaller). However, it is much more in line with the typical sizes found on its own street and within the King Edward neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to clarify with the seller or agent to understand if it's a finished recreational space, contains additional bedrooms, or simply has modernized utilities.
3. How does the 2024 sale price relate to the assessed value?
The home sold for between $29.5k and $32.5k in September 2024, which is close to its $28.4k assessed value. This alignment suggests the assessment is current and the sale was likely near market value, providing a solid benchmark.
4. There's no garage. What are the parking options?
The listing specifies no garage. Given the home's age and lot size, parking is likely via a driveway or on-street. Verifying the exact parking setup is recommended.
5. The home is newer than most in the area. What are the implications?
This is a significant characteristic. Being built in 2001, major systems like plumbing, electrical, and the roof are likely decades younger than those in surrounding early-1900s homes. This can mean lower risk of costly, immediate repairs and potentially better energy efficiency, though the specific condition and updates should still be verified through an inspection.