Property Overview: 401-230 Roslyn Road, Winnipeg
Key Characteristics & Appeal
This condominium at 401-230 Roslyn Road presents a practical and competitively positioned option in Winnipeg's Roslyn neighborhood. Built in 1965, its 998 sqft living space is notably above average for its immediate street, offering more room than many comparable units nearby. The assessed value of $170k sits below the citywide average, suggesting a relatively accessible entry point into the market.
The appeal here is one of balance and value. You get more interior space than is typical for the street, within a building that is of a similar vintage to its direct neighbors. This combination makes it a sensible candidate for first-time buyers, downsizers, or investors seeking a straightforward, no-frills property. Its value proposition is clearer when viewed at the hyper-local level: it offers more square footage than most on Roslyn Road, while carrying an assessed value that is not inflated compared to the immediate area. A thoughtful perspective is that this unit may represent a "value hold" in its micro-market—it doesn't stand out as exceptionally old or small for its specific block, which can provide a degree of insulation from more extreme market comparisons.
Frequently Asked Questions
1. How does this unit’s size compare to nearby properties?
At 998 sqft, this unit's living area is larger than the average (830 sqft) for comparable homes on Roslyn Road itself, placing it in the top 19% on the street. It is close to the citywide average of 1,042 sqft.
2. Is the assessed value of $170k typical for the area?
On Roslyn Road, this assessed value is around the average. However, it is below the average for both the wider Roslyn neighborhood and the city of Winnipeg as a whole, indicating a potentially lower price point relative to broader areas.
3. What is the building's age, and is that a concern?
The building was constructed in 1965. This is very typical for the street and neighborhood, where the average build year is the mid-to-late 1960s. It is older than the Winnipeg city average, so a thorough review of the condominium's reserve fund and maintenance history is essential.
4. Where can I find the exact historical sold price?
The site provides sold price ranges (e.g., sold between $150k-$200k in October 2019). Due to data source rules, exact sold prices require a manual lookup. You can request this information via email through the provided link on the property page.
5. What kind of properties are considered "comparable" in this analysis?
The rankings compare this property to a defined group of "comparable homes" at street, neighborhood, and city levels. The criteria for what makes a home comparable (e.g., property type, size range) are used to create these peer groups for relevant benchmarking.