Property Overview: 347 Roseberry Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 347 Roseberry Street in Winnipeg's King Edward neighbourhood presents a compelling blend of modern convenience and established community. Built in 2014, it is a notably newer construction compared to most homes on its street and across the city, offering contemporary building standards and likely lower immediate maintenance needs. With 901 sqft of living space and a detached garage, it fits comfortably within the scale of the local area.

The primary appeal lies in its efficient, move-in-ready profile within a mature neighbourhood. The home’s assessed value ranks above average for both its immediate street and the King Edward area, suggesting it is viewed as a solid asset in its locale. It suits first-time homebuyers seeking a modern home without a sprawling footprint, downsizers looking for a manageable property with modern amenities, or investors interested in a newer rental property in a stable, central Winnipeg neighbourhood. A thoughtful perspective is the balance it strikes: you get a newer house, but on a standard city lot (2,712 sqft) that requires less upkeep than a large yard, aligning with a low-maintenance lifestyle without the feel of a dense condo development.

Section 2: Frequently Asked Questions (FAQs)

1. What does the "above average" assessed value mean for this property?
It indicates that, according to municipal assessment, this home holds a higher value relative to most of its immediate neighbours and area homes. This often reflects factors like its newer age (2014) and condition compared to the many older homes in King Edward.

2. Is the living space smaller than average?
Within the King Edward neighbourhood, the living area is around the local average. However, compared to the wider Winnipeg city average, it is below average. This highlights the home's efficient use of space and is characteristic of many infill properties in established central neighbourhoods.

3. What is the significance of the unrenovated basement?
The listing notes a basement that is present but "not renovated." This means the lower level offers potential for future expansion or customization (like a rec room or additional bedroom), but it does not currently contribute finished living space to the square footage.

4. How does the 2014 build year impact insurance and utilities?
Newer construction typically features updated electrical, plumbing, and insulation, which can lead to greater energy efficiency and potentially lower utility costs. It may also be viewed favourably by home insurance providers.

5. What can nearby sold prices tell me?
The listed sale history for a similar nearby property (373 Roseberry St.) provides a rough benchmark. However, as that home is older (1918) and smaller, the sale price range shown underscores how the modern build date of 347 Roseberry likely commands a premium in the area.