Property Overview: 251 Roberta Avenue, Winnipeg
Key Characteristics & Appeal
This home at 251 Roberta Avenue in Rossmere-B is a classic 1952-built bungalow, presenting a straightforward and affordable entry point into Winnipeg’s housing market. Its key characteristic is its modest scale: with 770 square feet of living space, it is notably smaller than most homes on its street, in the neighborhood, and across the city. This is reflected in its assessed value of $284k, which sits below local averages.
The appeal here is grounded in practicality and potential. The lot size is typical for the area at just under 5,000 sqft, offering balanced outdoor space without excessive maintenance. It suits first-time buyers or investors seeking a lower-priced asset with the stability of an established neighborhood. The home’s below-average metrics compared to its surroundings suggest an opportunity for value-adding improvements, whether through updates, an addition, or simply offering a more affordable monthly cost. It’s a property for those who see utility in a compact layout and view its rankings not as shortcomings, but as a reflection of its price positioning and a canvas for personalization.
Frequently Asked Questions
1. Is the smaller living area a major concern?
While the home is compact at 770 sqft, it aligns with a lower price point. It may suit individuals, couples, or those comfortable with efficient living. The typical lot size provides room for future expansion, subject to local zoning.
2. How does the assessed value relate to the likely selling price?
The assessed value of $284k is for municipal tax purposes. Market value is determined by recent sales, condition, and demand. Data shows it last sold for an estimated $300k-$350k in late 2022, which can serve as a more current benchmark.
3. What does the "Below Average" ranking for year built mean?
Built in 1952, it is slightly older than many homes on its street and in Rossmere-B. This is typical for the area and indicates potential for older mechanical systems (like plumbing or wiring) to be evaluated during an inspection.
4. Are there comparable recent sales nearby?
The listing references several nearby properties on Roberta and Greene Avenues with similar sizes, ages, and assessed values from $275k to $318k, providing a good snapshot of the local market segment.
5. How can I verify the exact historical sale price?
The site notes that due to industry rules, exact MLS sale records are not displayed publicly. They offer a manual lookup service where you can request the precise transaction history via email.