Property Overview

This 2.5-storey home, built in 1914, is defined by its generous proportions and prime location within Winnipeg's Elm Park neighborhood. Its primary appeal lies in offering significantly more space—both indoors and on the land—than most comparable properties. With 2,284 square feet of living area on an 8,229 square foot lot, it ranks in the top 10% for size in its immediate area, the broader neighborhood, and citywide. The home features a renovated basement, adding to its functional space. While its age places it among the older homes in the area, this often translates to classic architectural character and mature landscaping. The property last sold in 2017 for $350,000, and its current assessed value is $47,600.

This home is ideally suited for buyers who prioritize space and location over modern construction. It’s a strong fit for a growing family seeking room to spread out in an established, elite neighborhood, or for someone who values the potential of a large lot for gardens, recreation, or future expansion. It appeals to those who appreciate the charm of a century-old home and are prepared for the stewardship that comes with it.

Frequently Asked Questions

1. What does the "Elite" and "Top %" ranking mean for the living area?
It means this home's interior square footage is larger than approximately 95% of all homes in Winnipeg, and 96% of homes in Elm Park. You are getting a notably spacious property compared to the market.

2. The home was built in 1914. What should I consider?
While offering classic charm and likely solid construction, a home of this age requires diligent inspection. Focus on the condition of major systems (plumbing, electrical, heating), the foundation, and the roof. The renovated basement is a plus, but ensure renovations were permitted and completed to code.

3. There's no garage. How is parking?
The listing indicates no garage. Prospective buyers should investigate on-street parking regulations on Rosewarne Avenue and consider the cost and feasibility of adding a garage or carport to the large lot, subject to local bylaws.

4. The assessed value is $47,600, but it sold for $350,000 in 2017. Why the huge difference?
Municipal assessed value for property tax purposes is not an indicator of market value. Market value is determined by recent sales of comparable homes, buyer demand, and the current market. The 2017 sale price is a more relevant historical data point.

5. The lot is large. Are there any restrictions on how it can be used?
A lot of this size (over 8,200 sq ft) is a rare asset. Its use is governed by City of Winnipeg zoning bylaws. You should verify the zoning to understand possibilities for additions, outbuildings, or secondary suites, which could add significant value.