Property Overview
This home at 520 Rosedale Avenue is a classic, early 1900s character property in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its above-average living space for the area, offering more room than many neighbouring and city-wide comparables. While it sits on a modest city lot, the house itself is spacious, providing a comfortable footprint that stands out locally. The recent sale price suggests a well-maintained or updated interior that commands a premium over its municipal assessment. It’s a property that balances historic charm with practical space.
This home would suit a buyer who values established neighbourhoods with larger interior spaces over expansive yards. It’s ideal for someone not intimidated by the upkeep of a century-old home and who appreciates being in a central location. The data suggests it’s a solid, proportional home within its immediate streetscape—not the newest or on the largest lot, but one that offers tangible space and has been valued by the market accordingly.
Frequently Asked Questions
How does the living area compare to nearby homes?
At 1,340 sqft, this home offers more living space than the average home on Rosedale Avenue and significantly more than the average in Lord Roberts. It provides a notably roomier interior compared to many character homes in central Winnipeg.
Is the assessed value an accurate reflection of market value?
Likely not directly. The home sold for between $350k-$400k in 2024, which is substantially higher than its $30,900 assessed value. The assessment is for taxation purposes and often lags behind market values, especially in active neighbourhoods.
What should I consider with a 1910 build date?
While full of character, a home from 1910 requires a proactive approach to maintenance. Potential buyers should prioritize inspections for the foundation, roof, wiring, plumbing, and insulation. The year-built ranking indicates it is older than most homes on the street and in the city, so budget for updates.
How does the lot size impact the property?
The 3,127 sqft lot is typical for the street but smaller than the city average. This means lower exterior maintenance but also limited potential for expansions like large additions or pools. It emphasizes the property’s value as primarily residing in the house itself.
What do the recent sale and nearby listings indicate?
The 2024 sale price range places this home in the top tier of sales for the area, suggesting it is in good condition or has desirable updates. Nearby listings with similar assessments but different features provide context, but the key takeaway is that this home recently achieved a strong market price.