Property Overview: 448 Arnold Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This property is defined by its compact efficiency and relative modernity within its historic Lord Roberts neighbourhood. At 540 sq ft, the living space is notably smaller than most homes on the street, in the area, and across Winnipeg, positioning it as a minimalist or entry-level option. However, its 1987 build date is significantly newer than the neighbourhood average (often pre-1933), suggesting potentially lower maintenance needs and updated systems compared to its peers.
Its appeal lies in its affordability and practicality. With an assessed value that is average for the immediate area but below the city-wide average, it represents a more accessible point of entry into a well-established community. The lot size, while modest by suburban standards, is consistent with the neighbourhood. This home would best suit a first-time buyer, an investor looking for a rental property, or a downsizer seeking a low-maintenance, single-level dwelling without leaving a central neighbourhood. It offers the chance to live in a character area without the typical upkeep of a century-old house.
Section 2: Frequently Asked Questions
1. How does the small living area impact value and livability?
While the square footage is minimal, it translates to lower utility costs, easier maintenance, and a proportionally lower property tax assessment. It requires efficient use of space but can be ideal for a person living alone.
2. The assessed value seems low. What does this mean for property taxes?
A lower assessed value typically results in a lower municipal property tax bill. This is a key financial advantage, making the ongoing cost of homeownership here more manageable than in a larger, higher-assessed home.
3. Given it was built in 1987, are there any major renovations or updates expected?
While newer than most area homes, a 1987 build is now nearly 40 years old. Key components like the roof, windows, and major appliances may be nearing the end of their typical lifespans and should be carefully inspected.
4. What are the advantages of the Lord Roberts neighbourhood?
Lord Roberts is a mature, central neighbourhood known for its tree-lined streets, character homes, and convenient access to downtown, Osborne Village, and major routes. It offers a established community feel close to amenities.
5. How can I find out the exact historical sale price?
The provided sale price is a range from public data. You can obtain the exact sale price by using the "Get exact sold price history" email request function on the listing page. The service is manual but provided without marketing spam.