Property Overview: 518 Rosedale Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home is a classic, early-1900s character property situated on a standard city lot in the established Lord Roberts neighbourhood. With just over 1,000 square feet of living space, it offers a manageable size that is typical for the immediate street and area. The data suggests it is a solidly average property within its local context, not standing out as particularly large or small, new or highly valued, but holding its own among peers. Its appeal lies in its location within a mature community and its potential as a straightforward, no-surprises home for a specific buyer.
This property would best suit a first-time homebuyer or a downsizer looking for an entry point into a stable neighbourhood without the premium price of a larger or fully renovated home. It’s a practical choice for someone who values character and location over modern size and finishes, and who is prepared for the upkeep that comes with a century-old home. A thoughtful perspective is that its "average" metrics within the neighbourhood could signal stability and predictability, offering a comfortable fit without the volatility or premium associated with properties that rank at the extreme top or bottom of their categories.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,040 sqft, the living area is very close to the citywide average and is a typical size for the Lord Roberts area, placing it in the middle range among comparable local homes.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal tax purposes. Notably, it is below the citywide average for comparable homes, but a nearby, very similar home sold in 2024 for between $400k and $450k, which is a more current market indicator.
3. What should I know about the age of the home?
Built in 1910, this home is older than most in the city. While this contributes to its character, it’s important to factor in potential maintenance or updates needed for major systems like plumbing, electrical, or the foundation, common for houses of this era.
4. How does the lot size affect the property?
The lot is approximately 3,127 sqft, which is a standard urban size for the area. It provides adequate outdoor space for a garden or patio but is not unusually large or small compared to its immediate neighbours.
5. Where can I see more detailed context about the neighbourhood?
You can view an interactive neighbourhood analysis map to compare this property side-by-side with nearby homes on metrics like year built, living area, and lot size for a clearer visual context.