Property Overview & Appeal
This home at 372 Morley Avenue is a character property built in 1931, situated in Winnipeg's Lord Roberts neighbourhood. Its key characteristic is a notable contrast: the living space is compact at 712 sq ft, ranking it smaller than most comparable homes locally and city-wide. However, it sits on a generously sized lot of 3,008 sq ft, which is above average for its immediate street and area. This creates a unique value proposition where the land itself is a significant asset.
The appeal lies in this potential. It suits a buyer looking for an entry point into a mature neighbourhood, who values outdoor space over expansive indoor square footage. It could be ideal for a downsizer, a first-time buyer comfortable with a cozy layout, or an investor/renovator who sees the large lot as an opportunity for future expansion or garden suites, subject to zoning. The assessed value is modest and in line with area averages, suggesting a relatively accessible price point for the location.
A less obvious perspective is that its older construction date (1931) is actually an advantage on its street, ranking it as newer than many neighbours. This might indicate better-preserved original character or a more solid foundation than some area homes. The data suggests you're purchasing a smaller house on a premium-sized lot in a well-established community.
Frequently Asked Questions
1. Is the house too small?
At 712 sq ft, the living area is indeed below average. It would suit a single person, a couple, or someone comfortable with efficient, cozy living. The trade-off is the larger-than-average lot size.
2. What does the assessed value tell me about the price?
The assessed value ($26,600) is around the average for Lord Roberts. It is a municipal valuation for tax purposes and is typically lower than market value, but it indicates the home is likely positioned as a more affordable option within the city.
3. How does the lot size compare?
The 3,008 sq ft lot is a standout feature. It ranks in the top 12% for size on Morley Avenue, meaning you get more outdoor space than most of your direct neighbours.
4. What are the possible uses for such a large lot?
Beyond a spacious garden, the lot may present future opportunities like an addition, a detached garage, or a garden suite (always subject to municipal zoning and bylaw approval). This flexibility adds long-term value.
5. How can I find out what it last sold for?
Exact sold price history is not publicly displayed. The listing indicates a sale occurred between 2016-2025, and you can request the precise sale price directly from the listing service via the provided email link.