Property Overview: 304 Arnold Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home is a classic, early-1900s character property in the established Lord Roberts neighbourhood. With approximately 1,060 sqft of living space on a 2,507 sqft lot, its size is very typical for its immediate street and area, offering a manageable footprint. The data reveals a house that is consistently "around average" within its local context for living area, assessed value, and land size, suggesting it fits seamlessly into the fabric of this mature community.
Its core appeal lies in this established stability and the potential of a character home. The recent sale history shows steady appreciation, indicating a solid investment in a desirable inner-city neighbourhood. It’s important to note the home’s age (built 1905) is well above average, which points to classic charm but also underscores the importance of a thorough inspection for maintenance and systems.
This property would suit a first-time buyer or downsizer looking for an entry point into a central neighbourhood without an oversized lot or home to manage. It’s also a candidate for a buyer interested in a character property who is prepared for the realities of an older home, viewing it as a canvas for gradual updates.
Frequently Asked Questions
1. Is this a good value compared to other homes in Winnipeg?
Citywide data shows its assessed value is significantly below the Winnipeg average, largely due to its age and smaller lot size relative to newer suburbs. This represents a more affordable entry point to homeownership in a central location.
2. What does the sale history tell us?
The home has sold three times since 2017, each time at a higher price range, demonstrating consistent market demand and value growth in this location over the past decade.
3. Should I be concerned about the age of the home?
Built in 1905, it is among the older homes on the street and in the city. This age brings character but also means crucial systems (roof, plumbing, wiring, foundation) may have been updated over time. A meticulous inspection is essential to understand the home's current condition and future needs.
4. How does the lot size impact the property?
At just under 2,500 sqft, the lot is manageable for low-maintenance outdoor space. It is typical for the area but is significantly smaller than the citywide average, which is skewed by newer suburban lots. This is a trade-off for a central location.
5. Can I get the exact past sale prices?
The listed prices are estimated ranges from public data. The exact sale prices are available by request from the website, which provides them manually via email as a service.