Property Overview: 383 Arnold Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 383 Arnold Avenue is a classic, early 20th-century residence built in 1914, offering a grounded opportunity in Winnipeg's Lord Roberts neighbourhood. Its key appeal lies in its established location and straightforward, average metrics for the immediate area. With 1,166 sqft of living space and a 2,583 sqft lot, it sits comfortably around the neighbourhood averages for size, presenting a manageable scale. The assessed value is similarly aligned with local peers, suggesting a fair market positioning without premium pricing for the address.
The property suits practical buyers looking for a home in a mature, central neighbourhood without the footprint or upkeep of a larger estate. It’s a sensible choice for first-time homeowners or downsizers who value character and location over new construction. A thoughtful perspective here is the home’s relative consistency: while it may not stand out in city-wide comparisons for size or modern features, its rankings are solidly mid-tier within its own streets and community. This indicates a stable, predictable investment in a known quantity, rather than a speculative play. The appeal is in its authenticity and the chance to own a piece of the neighbourhood's fabric, with the understanding that its 1914 build date implies a need for appreciation of heritage charm and potential updates.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it is consistently around the average for Lord Roberts and Arnold Avenue in terms of living space, lot size, and assessed value. It’s not an outlier but a representative property for the street, offering a typical experience of the neighbourhood.
2. What should I consider about the 1914 build date?
While the home is older than the city-wide average, it’s actually around the average age for Arnold Avenue itself. This suggests the street has a consistent, historic character. Buyers should be prepared for the potential needs of a century-old home but can also appreciate the established streetscape.
3. The city-wide assessed value seems low. Why?
The assessed value is aligned with local averages but appears low in city-wide rankings because those comparisons include much newer suburban homes and different property types. The value here is specific to its mature, inner-city neighbourhood context.
4. Can I get the exact historical sale price?
The listed sale price is a public data range. The exact sale price is available by request from the listing service via email, which they provide manually as a verified service.
5. What are the nearby properties like?
The adjacent properties on Arnold Avenue are very close together, typical of older neighbourhoods. The "Similar Assessed Value" list shows homes in other areas with the same valuation, which is useful for comparing what your budget could afford in different Winnipeg communities.