Property Overview: 499 Roberta Avenue, Winnipeg
Key Characteristics & Appeal
This 992 sqft bungalow, built in 1955 on a 5,000 sqft lot in Rossmere-B, presents a solid, middle-of-the-road offering in the Winnipeg market. Its primary appeal lies in its established neighborhood context and relative value. The home's assessed value of $330k is above the Rossmere-B average but aligns closely with the typical value on its own street, suggesting it is a well-priced, representative home for the immediate area. While its living space is below the citywide average, it is competitive within the neighborhood, indicating a comfortable size for the locale.
This property would suit pragmatic first-time buyers or downsizers seeking a straightforward home in a stable, no-surprises setting. It’s for those who prioritize neighborhood fit over standout features, offering a manageable footprint and a lot size that provides typical outdoor space for the area. A thoughtful perspective is that its "around average" metrics across the board signal lower risk; it’s unlikely to be over-improved for the street or an outlier in terms of upkeep expectations, making it a predictable investment within its community.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in 2017. Its current assessed value of $330k is slightly above the street average of $325.6k, indicating perceived value growth. For precise, verified sale figures, a manual lookup is required.
2. Is the living space sufficient for a small family?
At 992 sqft, the home is slightly smaller than the street average (1,151 sqft) but is very close to the neighborhood average (1,047 sqft). It is a typical size for Rossmere-B bungalows, likely suitable for a small family or couple, but may feel compact compared to newer citywide averages.
3. What does the "Above Average" assessed value for the neighborhood mean?
Ranking in the top 28% in Rossmere-B, the $330k assessment is higher than the neighborhood average of $311.9k. This often reflects a combination of lot value, condition, and improvements that are viewed favorably compared to other homes in the broader area.
4. Are homes from 1955 a concern for maintenance?
The year built (1955) is typical for the street and neighborhood. Buyers should anticipate standard maintenance for a home of this age, such as checking the roof, windows, and major mechanical systems. It is not an outlier in terms of age for this community.
5. How does the lot size compare?
At 5,033 sqft, the lot is very close to the street average (4,987 sqft) and slightly below the neighborhood average (5,270 sqft). It is a standard residential lot for the area, providing a typical yard space without being exceptionally large or small in its immediate context.