Property Overview: 92 Roselawn Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Rossmere-A presents a compelling blend of established neighborhood value and above-average substance. Built in 1970, it is notably newer than most homes on its street and in the wider area, which can suggest updated building standards and potentially less immediate need for major system overhauls. With 1,376 sqft of living space, it offers more room than the typical Rossmere-A home, ranking in the top 10% for the neighborhood. Its assessed value of $398k is consistently above average for both its immediate street and community, indicating a perception of solid worth.
The appeal lies in its position as a strong, middle-ground property within a desirable area. It’s not the largest or most expensive on the block, but it outperforms key benchmarks for its locale, offering a sense of value and stability. The lot size, while slightly smaller than the street average, is still generous by neighborhood standards, balancing yard space with manageable upkeep.
This home would suit practical buyers looking for a move-in-ready foundation in a mature neighborhood—perhaps young families seeking space and community amenities, or downsizers wanting a single-level living option without compromising on room. It’s for those who prioritize a home’s inherent metrics and long-term equity over flashy newness, appreciating that its above-average rankings in the community suggest a good investment in a known quantity.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $398k is for municipal tax purposes and is a strong indicator, often based on historical sales. With the home last selling for an estimated $400k-$450k in late 2021, and its value ranking above area averages, it provides a credible baseline. However, the final market price will be determined by current conditions, the home’s specific state, and buyer demand.
2. Is the 1970 build date an advantage?
In this context, yes. It ranks in the top 4% on its street for being newer. Homes from this era often benefit from modernized wiring, plumbing, and insulation compared to those built in the 1950s or early 1960s, which are common in Winnipeg. It may strike a good balance between established neighborhood character and more contemporary construction standards.
3. The lot is smaller than the street average. Is that a concern?
At just over 6,000 sqft, the lot is below the average for Roselawn Bay but is still larger than the typical lot in the broader Rossmere-A neighborhood. This means you likely get a decent yard while possibly benefiting from slightly less exterior maintenance than neighbors with larger plots. It’s a trade-off that many find acceptable.
4. What do the ranking percentiles actually mean for daily living?
They indicate how this property compares to its peers. For example, ranking in the Top 10% in the neighborhood for living area means you’ll have more interior space than 90% of similar homes in Rossmere-A. It’s a data-driven way of confirming that the home offers tangible advantages in its immediate community, which can contribute to comfort and resale.
5. How can I verify the exact past sale price?
The site provides sold price ranges for context. Due to industry regulations, exact MLS sale figures are not published here. You can request the precise transaction history by emailing the site directly for a manual lookup, which they provide as a free service without using your email for marketing.