Property Overview: 426 Morley Avenue, Winnipeg
Key Characteristics & Appeal
This home on Morley Avenue in Lord Roberts stands out for its modern foundation and generous proportions within a well-established neighbourhood. Built in 2019, it is a notably newer construction compared to most homes on its street and across Winnipeg, offering contemporary building standards and minimal immediate maintenance concerns. With over 2,000 square feet of living space, it provides ample room, ranking in the top 1% for size on its street. The assessed value is consistently high relative to local peers, indicating strong perceived worth.
Its primary appeal lies in this combination of new-build convenience and established location. It suits buyers looking for a turnkey, spacious home without the typical character-home renovations, yet who value a mature neighbourhood setting. A thoughtful perspective is the lot size: while the house is large, the land parcel is more average for the local area and smaller than the citywide norm. This suggests a premium on the built structure over extensive outdoor space, ideal for those who prefer low-maintenance yards. It would particularly suit growing professional families or downsizers seeking single-level living in a newer build, who prioritize interior space and modern amenities over a large garden.
Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
The home sold twice in recent years, in 2020 for an estimated $450k-$500k and in 2021 for $550k-$600k. These sale prices placed it in the top 3-5% for the street at those times, demonstrating a history of strong market performance relative to its immediate neighbours.
2. What does the high assessed value indicate?
With an assessed value ranking in the top 2% on Morley Avenue, this suggests the property is officially valued significantly higher than most homes around it. This often reflects the modern build year, larger living area, and overall condition, but it is also a key factor in determining property taxes.
3. Is the lot size a constraint?
The land area is fairly typical for Lord Roberts but is below the Winnipeg average. This means the yard space is proportionate to the neighbourhood but not expansive. It’s a practical lot for easier upkeep, but may not suit those dreaming of a large garden or extensive outdoor additions.
4. What is the neighbourhood context for this modern home?
You’ll be among older, character homes, as the average build year on the street is 1927. This offers established streetscapes and mature trees, with this property being a clear exception in its newness. It provides modern comforts while benefiting from the settled feel of Lord Roberts.
5. How can I find out the exact historical sold prices?
The listed prices are estimated ranges from public data. The exact sale prices are available by request via email from the listing source, which they provide manually without using your contact information for marketing spam.