Property Overview: 409 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This well-situated home at 409 Morley Avenue presents a compelling blend of modern convenience and established neighbourhood character. Built in 2010, it is a notably newer construction compared to most homes in the historic Lord Roberts area, ranking in the top 4% of the neighbourhood for its year built. This translates to potential benefits like updated building systems, modern layouts, and less immediate need for major renovations.
The home’s appeal lies in its strong positioning within its immediate context. With 1,173 sqft of living space, it offers above-average roominess for both Morley Avenue and the Lord Roberts neighbourhood. Its assessed value is consistently in the top tiers locally, suggesting it is perceived as a premium property on its street and in the area. Recent sold price data from 2021 and 2023 indicates sustained market value in the $400k-$450k range.
It would particularly suit buyers seeking a low-maintenance, turn-key home in a central, tree-lined neighbourhood without the typical upkeep challenges of an older character home. The lot size, while ample for the area, is more compact city-wide, appealing to those who prefer less yard work. This property is ideal for professionals, small families, or downsizers who value a modern interior within a walkable, mature community.
Frequently Asked Questions
1. How does the modern build year (2010) affect living in a historic neighbourhood?
You get the reliability and modern floor plan of a newer home while enjoying the established streetscape, mature trees, and community feel of Lord Roberts. It offers a balance rarely found in this area.
2. The assessed value seems high for the area. Is this accurate?
The assessment ranks in the top 10% on its street and top 12% in Lord Roberts, confirming it is officially valued well above local averages. This typically reflects the home’s newer construction, size, and condition relative to its older neighbours.
3. What does the lot size mean for outdoor space?
At 2,504 sqft, the lot is very typical for Morley Avenue and Lord Roberts, providing a manageable yard. Buyers expecting a large, sprawling backyard might find it compact, but it aligns perfectly with the neighbourhood’s efficient use of space.
4. The home has sold twice recently (2021 & 2023). Should that be a concern?
The recent sales activity shows the property is in demand and holds its value, with both sales in a similar price band. It’s not uncommon for newer, well-appointed homes in established neighbourhoods to attract owners at different life stages.
5. How does this home compare to others nearby?
It stands out for its age and size. Direct neighbours are generally older, and comparable homes in value elsewhere in the city often sit on much larger lots. Its strength is its modern interior in a prime, central location.