368 Roberta Avenue

Property Overview: 368 Roberta Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 990 sqft home, built in 2018, stands out in the established Rossmere-B neighborhood for its modern construction. Its key appeal lies in offering a contemporary, low-maintenance living space within a community of predominantly older homes. The assessed value of $367k is notably above average for the immediate area, reflecting its newer condition and desirability.

The property suits buyers seeking a modern home without venturing into a new suburban development. It’s ideal for first-time buyers, downsizers, or investors who prioritize a newer roof, windows, and mechanical systems, and wish to avoid the immediate renovation projects common with older houses in the area. A thoughtful perspective is the trade-off: while the home itself is modern and efficient, the lot size is significantly smaller than area norms. This means minimal exterior upkeep but also limited private outdoor space, making it better suited for those who prefer low-maintenance living over gardening or expansive yards.

Section 2: Frequently Asked Questions

1. How does the smaller lot size impact the property?
The land area is approximately 2,500 sqft, which is less than half the average for the street and neighborhood. This translates to a compact yard, reducing maintenance but also limiting potential for additions, pools, or extensive landscaping.

2. Why is the assessed value higher than many nearby homes?
The primary reason is the 2018 build year. Compared to the neighborhood average build year of 1955, this home has decades of newer infrastructure, materials, and building codes, which is directly reflected in its higher valuation.

3. Is the living space smaller than average?
At 990 sqft, the living area is slightly below the citywide average but is competitive within the Rossmere-B neighborhood itself. It represents an efficient, modern layout typical of newer construction.

4. What can the 2018 sale price tell us?
The home sold between $350k-$400k in early 2018. This original sale price, close to the current assessed value, suggests stable value appreciation in line with market trends over the period.

5. How does this home compare to others on Roberta Avenue?
It is one of the newest homes on the street (ranked in the top 1% by build year) and has an above-average assessed value (top 14%). However, it has a smaller-than-average lot and a living area that is around the street's average. It offers modernity in a street of mostly mid-century homes.