Property Summary: 155 Roberta Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modest, one-storey home built in 1949, situated on a standard-sized lot in the Kildonan Drive area. Its key characteristic is its affordability, underscored by a below-average assessed value and compact 792 sqft living area. The home has a detached garage and an unfinished basement, presenting a straightforward, no-frills canvas.

The primary appeal lies in its value proposition for specific buyers. It suits first-time buyers seeking an entry point into homeownership with lower upfront and ongoing tax costs, or investors looking for a rental property with a manageable overhead. Its smaller scale also appeals to those seeking a simpler, low-maintenance lifestyle without the burden of a large property. A thoughtful perspective is its potential as a strategic hold in a mature neighbourhood; the lot itself represents the core long-term value, while the existing structure meets basic shelter needs, allowing an owner time to plan for future updates or expansion as finances allow.

Section 2: Frequently Asked Questions

1. Is the home in need of major renovation?
The listing notes the basement is "not renovated," and given the home's age (77 years), buyers should budget for updates. The condition of major systems (roof, wiring, plumbing) and the main floor should be verified through a professional inspection.

2. Why is the assessed value significantly lower than the citywide average?
The assessed value reflects the home's smaller size, age, and likely basic condition compared to the broader market. This results in lower municipal property taxes, which is a key financial benefit for the right buyer.

3. How does the living space compare to nearby homes?
At 792 sqft, the living area is notably smaller than most comparable homes in the immediate area, street, and citywide. This confirms the home's status as a compact, efficient living space.

4. What can recent sold prices tell me?
The provided sold price ranges show appreciation between late 2023 and late 2024. This indicates active market interest in similarly priced, affordable homes in the area, but the exact sale price should be requested for precise analysis.

5. Is the lot size a pro or con?
At just under 5,000 sqft, the lot is average for the street but smaller than many in the wider Kildonan Drive area. It provides adequate outdoor space without demanding extensive upkeep, aligning with the home's low-maintenance appeal.