Property Overview: 550 Roberta Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,104 sqft bungalow, built in 1962, presents a solid, middle-ground opportunity in the Rossmere-B neighborhood. Its appeal lies in its balanced metrics and established setting. The home sits on a slightly larger-than-average lot for the street (5,466 sqft), offering good outdoor space. With an assessed value of $337k, it positions itself above the neighborhood average but below the city average, suggesting a potentially favorable value within a desirable local context.

The property suits practical buyers looking for a home that requires no justification on paper—it’s not the newest, largest, or cheapest on the block, but it consistently ranks above average within its immediate community. This points to a well-regarded, stable street. It would particularly appeal to those who prioritize neighborhood character over sheer size, and who see value in a lot that provides room for gardens, play, or expansion compared to many newer developments. It’s a pragmatic choice for first-time buyers or downsizers seeking a manageable footprint without compromising on yard space in a mature area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Public data does not show a detailed transaction history for this specific address. To obtain verified sale history and exact comparable figures, a manual lookup through the provided site contact is required.

2. Is the living space considered small?
At 1,104 sqft, it is slightly above the average size for Rossmere-B homes, but slightly below the average for Winnipeg overall. It is a typical size for a bungalow of its era and is larger than many direct neighbors, as indicated by its "Above Average" neighborhood ranking.

3. What does the 1962 build year imply for maintenance?
While newer than many homes on its street and in Rossmere-B, a 60+ year-old home will likely have had several major systems (roof, windows, furnace) updated over time. A key part of due diligence would be verifying the age and condition of these components.

4. The assessed value seems high for the neighborhood. Why?
At $337k, it ranks in the top 21% for assessed value in Rossmere-B. This suggests the municipal assessment reflects desirable attributes—possibly the larger lot, above-average living area for the area, and the home's condition—that set it apart from the neighborhood baseline.

5. Can I see how this property compares visually to nearby homes?
Yes. The listing suggests using the "neighbourhood analysis page" to view the property on a map and compare metrics like lot size and year built directly with surrounding houses.