299 Roberta Avenue

Property Overview: 299 Roberta Avenue, Winnipeg

Key Characteristics & Appeal

This home at 299 Roberta Avenue in Rossmere-B is a classic 1951 bungalow offering a practical, no-frills entry point into the Winnipeg housing market. With 852 square feet of living space on a 4,393 sqft lot, its key characteristics are its modest scale and below-average assessed value ($293k), which sits noticeably lower than averages for its street, neighborhood, and the wider city.

The primary appeal lies in its affordability and positioning within a stable, established neighborhood. It represents a lower financial barrier to entry compared to most surrounding properties, making it a pragmatic choice rather than a premium one. The lot size, while below the street average, is reasonably proportional to the home's footprint, offering manageable outdoor space.

This property would best suit first-time buyers or practical investors seeking a functional starter home with renovation potential. Its value is rooted in location and lot, providing a foundation to build equity over time. A less obvious perspective is that its consistent "below average" metrics across the board signal a predictable and lower-cost ownership experience regarding property taxes and utility expenses, which can be a relief for budget-conscious owners.

Frequently Asked Questions

1. Why is the assessed value lower than the neighborhood average?
The assessed value reflects the home's smaller size (852 sqft), older construction year (1951), and typical attributes for homes of its era. It's priced for its existing condition and scale, not for premium upgrades or expansions.

2. What type of buyer is this home best for?
It's an ideal starter home for first-time buyers or an investor looking for a manageable rental property. It suits those comfortable with a home that may require updates and who prioritize securing a lot in an established area over move-in-ready perfection.

3. How does the sold price history help determine value?
The home sold between $350k-$400k in mid-2022. This suggests the market previously valued it above its current assessment, indicating potential for value growth or that the assessment may not fully capture market demand for well-priced entries in the area.

4. Is the smaller living area a significant drawback?
It depends on your needs. For a single person, couple, or small family, 852 sqft can be efficient and cost-effective to maintain and heat. For those needing more space, it’s important to consider if the layout and basement (if any) allow for future expansion.

5. How can I get the exact historical sold prices for this property?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sold figures are not displayed. You can request the exact sold price history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.