Property Overview: 297 Arnold Avenue, Winnipeg
Key Characteristics & Appeal
This home at 297 Arnold Avenue in Lord Roberts presents a classic Winnipeg character property built in 1911. Its key appeal lies in its balanced, grounded profile within a well-established neighbourhood. The 1,120 sqft living space is very close to the average for both the street and the area, indicating a practical, manageable size. A notable feature is the 2,585 sqft lot, which is above average for Arnold Avenue, offering more outdoor space than many immediate neighbours—a valuable asset in an inner-city community.
The property’s assessed value is notably below average across all comparison levels (street, neighbourhood, and city-wide). This suggests a potential value opportunity, likely reflecting the home’s age and possibly its original condition, making it a candidate for updates or a hold for land value. It would suit a pragmatic first-time buyer or an investor looking for a character home with room to grow, either in terms of renovations or garden space. Its appeal is for those who value a established location over modern finishes and see potential in a home that is average in size but offers a larger-than-average lot for its immediate setting.
Frequently Asked Questions
1. What does the below-average assessed value indicate?
It typically reflects the property’s age (1911) and its condition relative to updated homes in the area. It can mean a lower property tax burden and may indicate a value-priced entry point, but buyers should budget for potential maintenance or updates common to homes of this era.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The land area ranks in the top 29% of properties on Arnold Avenue, meaning you get more private outdoor space than most homes directly around you, which is a less obvious perk in this location.
3. How does the age of the home affect things?
Built in 1911, the home has classic character but will likely require attention to older mechanical systems, insulation, and windows. It’s around the average age for the street but is among the older homes city-wide, so a thorough inspection is essential.
4. Why is there no public sales history shown?
Detailed sale price data is not always publicly available. The listing service offers to provide the exact history manually via email to ensure accuracy and privacy for past transactions.
5. What does the "around average" living area mean for daily life?
With just over 1,100 sqft, the home offers a space comparable to many others in Lord Roberts. It’s a practical size for a small family, couple, or individual, suggesting a layout that is common and functional for the neighbourhood without being overly expansive or cramped.