Property Overview: 405 Arnold Avenue, Winnipeg
Key Characteristics & Appeal
This 868 sqft home, built in 2016, stands out as a distinctly modern property within the established Lord Roberts neighbourhood. Its key appeal lies in this contrast: it offers the low-maintenance benefits and contemporary systems of a newer build in a mature, central area. While its living space is modest compared to many city homes, it is competitively sized for its immediate street and area.
The data reveals thoughtful perspectives. The home’s assessed value ranks significantly above average for both its street and neighbourhood, suggesting it is viewed as a premium property in its local context, likely due to its newness. However, its city-wide ranking for value is around average, indicating it may offer relative value compared to newer builds in other suburbs. The lot size, while smaller than the Winnipeg average, is typical for the area, appealing to buyers seeking a manageable outdoor space without extensive upkeep.
This property would ideally suit first-time homebuyers, downsizers, or investors looking for a modern, turn-key home in a central location. It appeals to those who prioritize newer construction (like updated electrical, plumbing, and insulation) over sheer square footage or a large yard.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
Its assessed value ranks in the top 18% on Arnold Avenue, meaning it is valued higher than most of its immediate neighbours. This is primarily driven by its 2016 construction date, which is much newer than the street’s average build year of 1933.
2. What are the likely advantages of a 2016-built home in this area?
You can expect modern building codes, energy-efficient windows and insulation, contemporary electrical systems (like more outlets), and newer major components like the roof, furnace, and water heater. This typically translates to lower immediate repair costs and potentially reduced utility bills.
3. The living area is noted as "below average" city-wide. What does that mean practically?
At 868 sqft, the home is smaller than the Winnipeg average (~1,342 sqft). It likely features an efficient, open-concept layout common in newer builds but may have fewer or smaller rooms than older, larger houses. It’s best for individuals, couples, or small families.
4. Why is the city-wide assessed value ranking different from the neighbourhood ranking?
While the home is a high-value property within Lord Roberts, its assessed value is around the middle of the pack compared to all Winnipeg homes. This indicates that you may get more modern amenities for your dollar here than you would for a similarly priced, newer property in some other city neighbourhoods.
5. How can I find out the exact historical sale price?
The listed sale price is a public data range. To obtain the exact sale price from its last transaction, you can request it via email through the listing service. They provide this detail manually and state they do not use email addresses for unsolicited marketing.