Property Overview: 104-246 Roslyn Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, affordably priced condominium in Winnipeg's Roslyn neighbourhood. Its key characteristic is its value proposition: with an assessed value of $141,000 and a living area of 638 sqft, it is priced significantly below averages for its street, neighbourhood, and the wider city. This creates a low barrier to entry for homeownership in a central area.
The appeal lies in its practicality and location. It represents a genuine starter home or a downsizing opportunity, particularly for buyers who prioritize financial efficiency and location over space. Built in 1968, it is actually slightly newer than many comparable homes on its street. The unit’s recent sale history (between $100k-$150k in 2021) confirms its position in the market’s more accessible tier.
This property would best suit budget-conscious first-time buyers, investors seeking a rental property with a lower entry cost, or retirees looking to lock in housing costs without the maintenance of a house. It’s a pragmatic choice for someone whose lifestyle doesn’t require much square footage but who values being in a mature, established neighbourhood.
Section 2: Frequently Asked Questions
1. Is this a good value for the money?
Based on the data, yes. The assessed value ($141k) is well below the local averages (e.g., $186.8k on the street, $257.2k in Roslyn). This suggests you are paying less for the location than many neighbours, though the living space is also smaller.
2. What does the "Below Average" ranking for size and value really mean?
It means that compared to most similar properties in each category, this unit has less square footage and a lower assessed value. This isn’t inherently negative; it directly correlates with its affordability and defines its niche in the market.
3. Why is the year built ranking so high on the street level?
The data shows the average year built for comparable homes on Roslyn Road is 1966. This unit was built in 1968, making it slightly newer than many of its immediate peers, which is a minor positive point regarding its relative age on the street.
4. How reliable is the sold price data shown?
The site states sold prices are based on public internet data, not the MLS, and have had limited verification. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email.
5. What are the ongoing costs likely to be?
While the listing price is low, prospective buyers must budget for the condominium fee, which is not detailed here. This monthly fee covers shared expenses for the building and will significantly impact the total cost of ownership. Requesting a status certificate is essential to understand the financial health of the condominium corporation and the specifics of what the fee includes.