Property Overview: 416 Roseberry Street
Key Characteristics & Appeal
This is a compact, early 20th-century home in Winnipeg's King Edward neighbourhood. Built in 1913, its 897 sqft of living space and recently renovated basement offer a practical, low-maintenance footprint. The assessed value is notably modest, positioning it well below the citywide average, which suggests an accessible entry point into the market.
The primary appeal lies in its value proposition and location. It represents a straightforward, no-frills home in an established area, ideal for those seeking affordability and simplicity. It would suit first-time buyers, downsizers, or investors looking for a manageable property. A thoughtful perspective is its potential for someone who values financial flexibility over square footage; the lower carrying costs could free up budget for travel, hobbies, or savings. While it lacks a garage and pool, its renovated basement adds functional living space, making it a pragmatic choice over a similarly priced condo.
Frequently Asked Questions
1. How does this home's size compare to others in the area?
At 897 sqft, the living area is very close to the average for both Roseberry Street and the broader King Edward neighbourhood, but it is significantly smaller than the typical Winnipeg home.
2. What does the assessed value indicate?
The assessed value of $22,600 is around the local average for King Edward but is far below the citywide average. This typically reflects the home's age, size, and market conditions in the area, not a final sale price.
3. Are there any notable features or recent updates?
The listing specifies a renovated basement, which is a key update adding usable space. The home does not have a garage or a swimming pool.
4. How old is this property, and what should I consider?
Built in 1913, it is older than most homes in the city. Prospective buyers should budget for a thorough inspection to understand the condition of major systems like plumbing, electrical, and the foundation, common considerations for houses of this era.
5. Where can I find exact historical sale prices?
The exact sold price history is not publicly displayed in the listing. The site provides estimated price ranges and offers to send the precise data via email upon request, which is done manually.