Property Overview: 315 Arnold Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of established character and practical value in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its generous living space—at 1,354 sqft, it is notably larger than most comparable homes on its street and within the local area. This makes it a standout for buyers seeking more room without a premium price tag. The assessed value of $340k positions it as an above-average property for its immediate vicinity, suggesting good intrinsic value for the location.
The lot size of 2,585 sqft is manageable and typical for the area, offering outdoor space without excessive maintenance. A key consideration is the home's age; built in 1909, it offers classic charm but inherently requires a buyer comfortable with the upkeep and potential updates of a century-old structure. This property would best suit practical buyers who prioritize interior space and established neighbourhoods over modern construction or very large yards. It’s an opportunity to acquire a spacious home in a mature community, ideal for someone who sees the vintage as character rather than a drawback.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
At 1,354 sqft, the living area is in the top 20% for Arnold Avenue and top 16% for the wider Lord Roberts area, meaning it is significantly more spacious than most direct neighbours and local peers.
2. What does the assessed value tell me?
The $340k assessment is above the average for both the street and Lord Roberts, indicating the municipal valuation sees it as a higher-tier property within its micro-market, which can be a positive signal for underlying value.
3. Should the 1909 build date be a concern?
It signals a character home that will have its own unique needs. While systems and structure should be carefully inspected, the age is typical for the core of the neighbourhood. The key is budgeting for ongoing maintenance and potential updates.
4. Is the lot size a pro or a con?
It’s a balanced feature. The lot is slightly above average for the street but smaller than newer suburban norms. This means lower yard maintenance while still providing private outdoor space, a practical fit for an urban neighbourhood.
5. The last sale is listed as a range. How can I get the exact price?
The exact sold price from 2023 is available upon request from the listing service. You can provide your email to receive the precise figure, as this data is manually verified and shared directly without marketing spam.