Property Overview: 405 Roseberry Street, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 405 Roseberry Street in the King Edward neighbourhood presents a compelling mix of modern convenience and established community. Its key characteristic is its new build status, constructed in 2020, which places it among the newest homes in the area and city-wide. This means buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance.

The appeal lies in this "new in old" dynamic. You get a contemporary home within a mature, well-located neighbourhood. The living space (927 sq ft) is practical for the area, and the home features a renovated basement and a detached garage. Notably, its assessed value is strong relative to its immediate surroundings, suggesting it is viewed as a premium property on its street and within King Edward.

This property would suit first-time buyers or downsizers seeking a low-maintenance, move-in-ready home without sacrificing neighbourhood character. It’s also a sensible choice for investors or pragmatic buyers who value modern infrastructure and the potential for lower upkeep costs, while still being part of an established urban community.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
The land area is approximately 2,712 sq ft, which is typical for the street but smaller than the Winnipeg average. This translates to a manageable yard with less exterior upkeep, a feature some buyers actively prefer.

2. What does the "Elite" ranking for Year Built mean?
This statistic highlights that a home built in 2020 is exceptionally rare in this context. In King Edward and on Roseberry Street, the vast majority of homes are decades older, making this property a standout for its modern construction.

3. The assessed value seems high for the street but average city-wide. Why?
This reflects the local context. The assessed value is above average for King Edward, indicating this home is a higher-value asset in the neighbourhood. The city-wide average is pulled much higher by newer suburban developments and larger, luxury properties, making a direct comparison less meaningful.

4. What are the trade-offs of a newer home in an older area?
The benefit is modern construction. The trade-off is that the home’s architecture and lot size may differ from the neighbourhood’s traditional character. Your immediate neighbours will likely be older homes, which can be a positive for stability but may mean varying styles and upkeep levels on the block.

5. Is the detached garage a standard feature?
In older Winnipeg neighbourhoods, a detached garage is common, but not guaranteed. Its presence here is a practical asset, providing secure parking and storage without the need for a potentially costly addition or renovation.