Property Overview: 247 Roberta Avenue, Winnipeg

Key Characteristics & Appeal

This 1,118 sqft bungalow, built in 1951 on a standard 4,993 sqft lot in Rossmere-B, presents a practical opportunity in Winnipeg's housing market. Its core appeal lies in its position as a competitively priced, solidly average home within its immediate area. While the living space is typical for the street and slightly above average for the neighborhood, the property’s assessed value is notably below average at every level—street, neighborhood, and citywide. This suggests a potential value proposition for a buyer comfortable with a home from this era, as it may offer more interior space for the dollar compared to nearby listings.

The home would suit first-time buyers or pragmatic investors looking for an entry point into a stable neighborhood without paying a premium for size or modern updates. Its below-average valuation, against a backdrop of average-sized homes on the street, indicates it’s not a standout in terms of condition or finishes, but rather a straightforward property where the investment is primarily in the structure and location. A thoughtful perspective is that this home represents the "bones" of the neighborhood—it’s not the newest or most valuable on the block, but it sits on a typical lot with typical dimensions, offering a blank canvas relative to its peers.

Frequently Asked Questions

1. Is the below-average assessed value a red flag?
Not necessarily. A lower assessment compared to neighbors can indicate a home that needs modernization or has simpler finishes, not a fundamental problem. It often creates a more accessible purchase price, but a thorough inspection is always recommended to understand the condition fully.

2. How does the living area compare to nearby homes?
The living area is very close to the street average (1,118 sqft vs. 1,151 sqft) and is actually above the broader Rossmere-B neighborhood average. This means you’re getting a fairly typical amount of space for Roberta Avenue and slightly more than many homes in the wider area.

3. What does the year built (1951) mean for me?
Homes from this period often have solid construction but may require updates to electrical, plumbing, or insulation to meet modern standards. It’s older than most on its street and in the city, so budgeting for maintenance or renovation should be part of your planning.

4. The sold price shows a range of CA$250k–300k. Why is this not exact?
Publicly available sold price data is often reported in broad bands. To obtain the exact historical sale figure for this property, you must request it directly via the site’s email lookup service, as MLS data is not published here.

5. Are the nearby listed properties direct comparisons?
The listed nearby homes (e.g., 243, 251 Roberta Ave) provide context. Some are smaller with similar values, while others are newer and assessed higher. This highlights that 247 Roberta Avenue’s value is shaped more by its size and lot than by recent upgrades, helping you gauge its market position.