Property Overview
This home at 16 Fortune Street in Winnipeg's Lord Roberts neighbourhood presents a practical and affordable entry point into the market. Built in 1976, it is notably newer than many homes in the immediate area. With 812 square feet of living space and a 1,330 square foot lot, its scale is modest, placing it below the city-wide averages for size but aligning more closely with the compact lots on its own street. Its assessed value is significantly below the Winnipeg average, reflecting its smaller footprint and the neighbourhood context.
Key Characteristics & Appeal
The primary appeal of this property is its position as a relatively modern home in an older, established neighbourhood. For its street and local area, it is a newer construction, which can mean fewer concerns about outdated systems or major renovations compared to its century-old neighbours. Its below-average city-wide assessed value and sold price history indicate a accessible price point, making it a candidate for first-time buyers, investors, or downsizers seeking a low-maintenance footprint. The lot, while small by suburban standards, is typical for the central street and offers a manageable outdoor space. It suits a buyer looking for affordability and convenience in a central location, who prioritizes a newer build date over spacious square footage. A less obvious perspective is that a home of this era on a street of older properties may represent a simpler, more efficient layout and structure, potentially offering a blank canvas for interior updates without the constraints of heritage architecture.
Frequently Asked Questions
1. How does the 1976 build date compare to nearby homes?
This home is newer than most in Lord Roberts. On its own street, it ranks in the top 7% by year built, and within the wider neighbourhood, it’s in the top 8%, indicating it is among the most modern properties in the area.
2. Is the living space smaller than average?
Yes. With 812 sqft, it is below the average for both the Lord Roberts neighbourhood (avg. 1,071 sqft) and the city of Winnipeg (avg. 1,342 sqft). Its size is more aligned with the average on Fortune Street itself.
3. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value is skewed by larger, more expensive properties across all neighbourhoods. This home’s value is consistent with smaller, compact properties in central neighbourhoods. It ranks around average for its own street but below average for the city as a whole.
4. What is the lot size like?
The 1,330 sqft lot is around average for Fortune Street but is significantly smaller than the typical lot in both the broader Lord Roberts area and especially across Winnipeg. This means minimal yard maintenance but limited private outdoor space.
5. Can I get the exact historical sale price?
The listed sale price is a public data range. The exact sale price is available by request via email from the listing service, which provides the accurate figure manually without using your email for marketing.