Property Overview: 625 Rosedale Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This 936 sqft home, built in 1944, sits on a notably generous 5,216 sqft lot in the established Lord Roberts neighbourhood. Its primary appeal lies in the land itself—the lot size ranks well above average for both the immediate street and the broader area, offering significant outdoor space and potential in a central location. The house presents a practical, grounded opportunity. While the living area is modest and below the citywide average, the assessed value is competitive and above average for Lord Roberts, suggesting the property is valued more for its land and location than its current structure.
This home would suit a value-conscious buyer looking for a footprint in a mature neighbourhood, with plans to renovate or expand over time. It’s also a fit for those who prioritize private outdoor space over a large interior, or for an investor who sees the underlying value in a sizable, well-located lot. The data indicates you’re buying into a street and area with older, character homes, offering a sense of established community rather than modern convenience.
Frequently Asked Questions
1. What does the "above average" lot ranking actually mean for me?
It means the property's lot is larger than most in Lord Roberts. At over 5,200 sqft, it offers more room for gardens, play areas, additions, or future development than many neighbouring properties.
2. The house seems smaller than average. Is it a major project?
The living space is functional but modest. The appeal here is the land and location. Buyers should budget for updates consistent with a home of this age, and view the interior as a canvas that benefits from the large lot's potential for expansion.
3. How does the assessed value relate to the likely selling price?
The assessed value ($30.7k) is for municipal tax purposes and is typically far below market value. Market price is determined by recent sales of comparable homes. A previous sale of this property occurred between $250k-$300k in 2019, which is a more relevant starting point.
4. The home is 82 years old. What should I be concerned about?
As with any home of this era, proactive inspection of major systems (roof, foundation, plumbing, electrical) is essential. However, its 1944 build date is actually newer than many homes on the street, which can sometimes mean updated infrastructure or building materials.
5. Who are the neighbours, and what's the community like?
You are in a tight-knit, quiet residential street with homes built primarily in the early to mid-20th century. The proximity to nearby references on Beresford Avenue suggests a mix of well-maintained character homes, indicating a stable, long-term residential area.