Property Overview: 415 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 415 Morley Avenue is a classic, early 20th-century residence built in 1911, offering a well-sized living space of 1,212 sqft on a standard 2,504 sqft lot in the established Lord Roberts neighbourhood. Its primary appeal lies in its solid, above-average footprint for the immediate area, providing more interior space than many neighbouring homes. The data suggests it's a property of relative consistency: its living area and assessed value are competitive within the local context, though it sits below Winnipeg's city-wide averages for lot size and modern construction year.
This property would suit a practical buyer who values character and space in a mature neighbourhood over a new build. It’s ideal for someone comfortable with the nuances of a century-old home and who sees potential in its established footprint. A less obvious perspective is that its "average" metrics within the neighbourhood indicate a stable, predictable investment in the area, without the premium or the steep discount that can come with outliers. It represents a straightforward entry into a central community.
Frequently Asked Questions
1. How does this home compare to others on the street and in Lord Roberts?
The home's living area is notably above average for Morley Avenue and the wider Lord Roberts neighbourhood, ranking in the top 25%. Its lot size, assessed value, and age are all around the local average, making it a spacious offering that is otherwise typical for the area.
2. What does the sold price history indicate?
The property sold in the $250k-$300k range in 2021 and in the $200k-$250k range in 2016. This history shows appreciation and places those past sale prices in the top 35-40% for the street at the times of sale, indicating sustained demand for homes like this on Morley Avenue.
3. Is the assessed value a reliable indicator of the market price?
The assessed value is a municipal tax valuation, not a market appraisal. At $28,500, it is average for Lord Roberts but below the city-wide average, which is common for older homes in central neighbourhoods. Market price is determined by current conditions, buyer demand, and the home's specific state.
4. What should I consider about a home built in 1911?
While offering charm and established construction, a 111-year-old home requires diligent inspection. Key considerations include the age and condition of major systems (plumbing, electrical, heating), the foundation, and the roof. Budgeting for ongoing maintenance and potential updates is essential.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them by email via the button on the property page. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.