Property Overview: 417 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 417 Morley Avenue is a classic, early-1900s character property in the established Lord Roberts neighbourhood. Its primary appeal lies in its above-average living space (1,216 sq ft) for both the street and the local area, offering more room than many comparable homes. The lot size is also respectable for the central location. While its 1907 build date means it requires a buyer comfortable with the maintenance and potential updates of an older home, this also contributes to its charm and established streetscape. The assessed value is modest relative to the city-wide average, which can be attractive for property tax considerations.
This home would suit a buyer looking for character and space in a mature, central neighbourhood without a premium price tag. It’s ideal for someone who appreciates the authenticity of a century-old home and is prepared for its upkeep, or an investor seeking a property with solid fundamentals in a stable area. A less obvious perspective is that its "average" metrics within the immediate area suggest it’s a typical, well-integrated property for Lord Roberts, not an outlier, which can mean predictable value and less competition than for fully modernized homes.
Frequently Asked Questions
1. What does the "ranking" data actually mean for a potential buyer?
The rankings show how this property compares to others. For example, its living area is in the top 22% on its own street, meaning it's notably larger than most direct neighbours. This contextual data helps you understand the home's relative strengths, like space, and its trade-offs, like an older build date, within a specific location.
2. The home was built in 1907. What should I be most concerned about?
Key considerations for a home of this age include the condition of major systems like plumbing, electrical (knob-and-tube wiring may be present), the foundation, and the roof. A thorough, inspection is essential. The upside is the potential for solid craftsmanship and architectural details rarely found in newer builds.
3. Why is the city-wide assessed value ranking so much lower than the local ranking?
The assessed value is below the city-wide average (Top 86%) because it’s compared to all Winnipeg properties, including newer, larger homes in suburban areas. Within Lord Roberts and on Morley Avenue, it’s around average. This indicates the home is priced appropriately for its established neighbourhood, not that it is undervalued.
4. The last sold price is shown as a range. How can I get the exact figure?
The exact sold price is not publicly listed in Manitoba. As noted on the detail page, you can request the accurate sale history by emailing the provided service. They manually provide this data without using your email for marketing.
5. What is the neighbourhood of Lord Roberts like?
Lord Roberts is a central, mature neighbourhood near the Assiniboine River. It typically offers a mix of character homes, tree-lined streets, and convenient access to amenities like schools, parks, and Corydon Avenue. The proximity of similar vintage homes on Morley Avenue suggests a consistent, established streetscape.