Property Overview: 22 Roslyn Crescent, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition within the established Roslyn neighborhood. Its key characteristic is a significant price advantage relative to its immediate surroundings. With an assessed value of $379k, it sits well below the area average (approximately $722.5k), offering a rare entry point into a street of typically higher-valued homes. The living space (1,328 sq. ft.) is modest for the area but aligns closely with the Winnipeg citywide average, suggesting a practical, manageable layout.
The appeal lies in its generous, city-sized lot (8,891 sq. ft.), which ranks in the top 9% citywide, offering substantial outdoor potential. Built in 1950, it is typical for the street's mid-century period. This property would suit value-conscious buyers seeking a larger lot in a mature neighborhood, first-time buyers looking for a foothold in a desirable area, or investors attracted by the below-average assessment in a high-average zone. It’s a home where the value is derived more from land and location than from square footage relative to its neighbors.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
While the exact reasons aren't specified, a significantly lower assessment on a street of comparable homes can stem from factors like a more modest build, a layout with fewer modern updates, or differences in lot characteristics not fully captured by size alone. It indicates a potentially lower property tax base.
2. How reliable is the last sold price shown?
The site notes sold price data is from public sources, not the MLS, and is presented as a range ($300k-$350k in 2017). For fully verified, exact historical figures, you must request a manual lookup from the site via email.
3. Is the living space too small for the area?
The living area is below the street average but near the city average. It suggests a cozier, more efficient home compared to larger neighbors. Buyers should consider if the floorplan meets their needs, as the trade-off may be access to a larger lot at a lower price point.
4. What does the lot size ranking mean for me?
Ranking in the top 9% citywide for lot size means you are getting significantly more outdoor space than most Winnipeg homes. This allows for expansions, gardens, or outdoor living spaces that are uncommon in the city.
5. Are the rankings against similar homes?
Yes, the "comparable homes" benchmark attempts to compare apples to apples. However, "similar" is based on categories like property type. It's always wise to view the home in person to understand what specifics—like condition, updates, or unique features—the data doesn't show.