Property Summary: 445 Roseberry Street, Winnipeg
Key Characteristics & Appeal
This one-storey home in King Edward is a solid, above-average offering within its immediate neighbourhood. Its primary appeal lies in its strong positioning relative to nearby homes. With 1,096 sqft of living space and a 4,833 sqft lot, it ranks in the top 22-29% for size on its street and in the King Edward area. The home also holds an assessed value that places it in the top 16-17% locally, suggesting it is perceived as a higher-value property in its peer group. A key feature is the renovated basement, adding functional living space. The home was built in 1950 and includes a detached garage.
This property would suit a buyer looking for a well-established neighbourhood where this home stands out as a comparatively larger and higher-valued asset. It’s ideal for someone who values space over a newer build, appreciates the character of a mature area, and may see potential in the detached garage and generous lot. The data suggests you are buying a "big fish in a small pond" within King Edward, which can be a smart strategy for long-term value.
Frequently Asked Questions
1. How does this home’s value compare city-wide?
While it ranks above average in its neighbourhood for value and size, city-wide comparisons show it is around average for assessed value and living area. This highlights the importance of neighbourhood context; its strengths are most apparent locally.
2. What does the sold price history indicate?
Public records show it last sold in October 2020 for an estimated range of $30.5k to $33.5k, closely aligning with its current assessed value of $31.9k. This suggests stable, consistent valuation in recent years.
3. Is the lot size a significant feature?
Yes. The lot is notably larger than many in King Edward (top 22% in the area). This provides more outdoor space and potential than is typical for the neighbourhood, which is a less obvious but valuable advantage.
4. What should I consider about the year it was built?
Built in 1950, it is around the average age for homes on its street. Buyers should factor in the maintenance typical of a home of this era and ensure the renovations, particularly in the basement, are up to modern standards.
5. Who are the comparable neighbours?
Nearby homes on Roseberry Street have similar assessed values, but the provided examples of "nearby properties" vary greatly—from a smaller, older home on Collegiate Street to a much newer, larger home on Marjorie Street. This indicates a diverse area where your specific street and block are crucial to understanding value.