Property Overview: 339 Morley Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 339 Morley Avenue is a classic, early-20th century residence built in 1913, situated on a desirable lot in the established Lord Roberts neighbourhood. Its key appeal lies in its above-average living space (1,193 sq ft) and land size (2,508 sq ft) for both its immediate street and local area, offering more room than many comparable properties. While its assessed value is modest relative to the wider city, it aligns with neighbourhood norms, suggesting a grounded entry point into a mature community.
The property suits practical buyers who value space and location over modern finishes. It’s ideal for someone seeking a character home with renovation potential, or an investor looking at the long-term value of a sizable lot in a central neighbourhood. A less obvious perspective is its appeal to those who appreciate statistical value—the data shows you get more physical space here per dollar than in many parts of the city. Its recent sale history indicates active market interest, making it a contender for buyers focused on fundamentals like lot dimensions and interior square footage in a well-ranked local context.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is 1,193 sq ft, which is above average for both Morley Avenue and the broader Lord Roberts neighbourhood, ranking in the top 25-27% for space among comparable homes.
2. What is the significance of the 1913 build year?
Built in 1913, the home is older than the citywide average but is typical for its area. This suggests a character property that may require updates but is part of the fabric of an established, historic neighbourhood.
3. Why is the assessed value relatively low compared to the city average?
The assessed value is consistent with the Lord Roberts area but falls below the Winnipeg citywide average. This reflects the neighbourhood’s specific market and older housing stock, not necessarily the property’s condition or livability.
4. How stable is the property’s recent sale history?
The home sold twice in recent years (2023 and 2024). This activity could indicate a renovated flip, an investor transaction, or simply a active market segment. Reviewing the exact sale prices (available by request) would provide crucial context for this trend.
5. What are the practical implications of the lot size?
At 2,508 sq ft, the lot is above average for the street. This offers more outdoor space than many neighbouring properties, which could be valuable for gardening, expansion, or simply added privacy.