Property Overview: 472 Roseberry Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the King Edward neighbourhood presents a practical and grounded opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot size of nearly 5,000 sqft—a standout feature that ranks well above average for both the street and the local area. With 954 sqft of living space, the home is typical for the immediate vicinity, offering a manageable layout. It was built in 1954, making it newer than many neighbouring houses, and its assessed value is consistent with similar local properties.
The primary appeal lies in its balance of a solid, updated feature (the basement) with significant outdoor potential. The large lot is a blank canvas for gardening, expansion, or simply enjoying more private outdoor space than is common in the area. This isn’t a flashy property, but a honest one that values function and space over grandeur. It would suit first-time buyers looking for a manageable entry into the market with room to grow, or pragmatic investors seeking a stable rental property in an established neighbourhood. The recent sale history suggests a steady, incremental market value.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical city properties?
While the home's living space is modest, the 4,883 sqft lot is a significant asset. It ranks above average for both Roseberry Street and the wider King Edward area, offering more outdoor space than many comparable properties.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits for this work are not detailed. A prospective buyer should inquire about the renovation's date, the finishes used, and its intended use (e.g., legal suite, family room, storage).
3. Is the price trending up or down?
Based on available sold price ranges, the property has seen gradual increases over its last few sales in 2023 and 2024, indicating stable or slowly appreciating local market demand.
4. How does this home rank for its age in the neighbourhood?
Built in 1954, this home is actually newer than many on its street and in King Edward, ranking in the top 26% and 31% respectively for year built. This can sometimes correlate with newer building systems or layouts.
5. What are the immediate neighbouring properties like?
The listing shows several homes on the same block, including direct neighbours at 468 and 476 Roseberry Street. This suggests a closely built, traditional neighbourhood streetscape, which is typical for the area.