Property Overview
413 Arnold Avenue is a compact, century-old home in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its generous, above-average lot size within a well-established community, offering a balance of urban convenience and potential. This property suits first-time buyers, downsizers, or investors looking for a manageable footprint with the valuable asset of a larger yard in a central location.
Key Characteristics & Appeal
Built in 1923, this 768 sqft home is smaller than most in the area, but it sits on a notably large lot of 3,872 sqft—ranking in the top 16% on its street. This presents a classic city lot scenario: a modest house with ample outdoor space. The assessed value is average for the immediate area, suggesting it is priced in line with its peer group without premium or distress signals. Its appeal is grounded in practicality and potential; it’s a home for someone who values outdoor space over square footage or sees an opportunity for future expansion or landscaping. It would suit a buyer comfortable with a home of vintage character, possibly looking for a manageable project, or someone who prioritizes location and land over a move-in-ready, modern interior.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its age (1923), buyers should budget for updates typical of a century-old home, such as plumbing, electrical, or insulation. The below-average living area suggests a compact layout that may feel dated.
2. How does the lot size compare, and what can I do with it?
The lot is a standout feature, significantly larger than average for both the street and neighbourhood. This allows for generous gardens, outdoor living space, or future additions, subject to zoning.
3. What is the neighbourhood like?
Lord Roberts is a mature, central neighbourhood. The close proximity of similar-aged homes on Arnold Avenue indicates a stable, established streetscape with a mix of long-term residents and potential renovators.
4. Why is the citywide assessed value ranking so much lower?
The assessed value is average for Lord Roberts but ranks lower citywide because it reflects Winnipeg’s broader market, which includes many newer, larger suburban homes on bigger lots. This highlights the property’s central, established location versus suburban sprawl.
5. How reliable is the sold price history shown?
The listed sale price range (2021: $250k-$300k) is based on public data. For the exact figure, you must request it directly from the site, as they manually provide precise sale prices to ensure accuracy.