Property Overview: 51 Roselawn Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a quintessential example of a well-situated, mid-century property in Winnipeg's Rossmere-A neighborhood. Built in 1968, it offers 1,215 sqft of living space on a generous 6,161 sqft lot. The data reveals a property that is consistently "above average" within its immediate community, particularly in lot size and assessed value, while being solidly "close to average" when compared to its specific street and the wider city.
Its primary appeal lies in its established neighborhood setting and balanced metrics. The lot size is a significant asset, offering more outdoor space than 75% of homes in Rossmere-A, which is a notable advantage for gardening, recreation, or future expansion. With an assessed value for taxes of $369,000, it sits in a stable price tier for the area, suggesting a manageable entry point without compromising on space. The home last sold in the $300,000-$350,000 range in early 2020, providing a recent benchmark.
This property would suit pragmatic buyers looking for a home in a mature neighborhood without extreme outliers in size or price. It’s ideal for first-time buyers or downsizers who value a larger yard and a home that requires potential updating to their own taste, rather than paying a premium for recent renovations. It represents a sensible, grounded choice in the market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,215 sqft, the living space is slightly below the average for Roselawn Bay street (1,369 sqft) but is actually above the average for the broader Rossmere-A community (1,116 sqft). This suggests the home offers a comfortable size for the area, though some immediate neighbors may have larger floor plans.
2. Is the assessed value a good indicator of the likely selling price?
The tax assessment of $369,000 is a municipal valuation for tax purposes, not a market appraisal. However, it provides a useful anchor. Given the 2020 sale was between $300k-$350k and assessments have likely increased since, the current assessment may align more closely with today's market value, but a professional appraisal and market conditions will determine the final price.
3. What does the 1968 build year mean for a buyer?
A home from this era typically features solid construction but will likely have original or aging core components. Buyers should budget for potential updates to major systems like plumbing, electrical, roofing, and windows. A thorough home inspection is essential to understand the condition and any immediate needs.
4. The lot is larger than many in the community. What does that mean practically?
A 6,161 sqft lot (approximately 0.14 acres) in this neighborhood offers valuable flexibility. It provides ample private outdoor space, room for additions like a deck or garage, and better spacing from neighbors. This is a key differentiator from newer subdivisions with smaller lot sizes.
5. How can I get accurate historical sale price data for this home?
The public listing shows a sale price range from March 2020. For precise sale history and data, you must request it directly from the source provided, as full MLS sale records are not publicly displayed due to industry regulations. They offer a manual lookup service via email.