Property Overview: 469 Rathgar Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 469 Rathgar Avenue is a classic, early 20th-century residence in the established Lord Roberts neighbourhood. With 1,040 sqft of living space, it sits on a 2,206 sqft lot, offering a comfortable footprint that is typical for its immediate street but more compact compared to wider city averages. Built in 1910, the property carries historic character and is positioned as a practical, no-frills entry into a desirable inner-city area. Its assessed value is notably below the citywide average, suggesting a potentially accessible price point for the location.
The primary appeal lies in its position within a stable, central community. It suits buyers seeking authenticity over new construction—those who value established tree-lined streets and neighbourhood maturity, and are willing to take on a home that may require updates reflective of its era. It’s a sensible match for first-time buyers, downsizers, or pragmatic investors looking for a lower entry cost into Lord Roberts, with the understanding that the lot size and home age are trade-offs for the location. A thoughtful perspective is that this property represents the "bones" of the neighbourhood: it offers a chance to own a piece of its history and contribute to its ongoing story through renovation and care, rather than purchasing a finished product.
Section 2: Frequently Asked Questions
1. How does the lot size compare for the area?
At 2,206 sqft, the lot is around average for Rathgar Avenue itself but is below the average for the broader Lord Roberts neighbourhood. This means outdoor space may be more limited compared to some nearby homes, but it is consistent with the scale of many properties on this specific street.
2. The home was built in 1910. What should I consider?
A home of this age likely has original charm but will require a thorough inspection for its foundational structure, plumbing, electrical systems, and insulation. Potential renovations should be budgeted with its historical period in mind, balancing updates with character preservation.
3. Why is the assessed value so much lower than the citywide average?
The assessed value of approximately $28,100 is a municipal valuation for tax purposes, not a market price. Its ranking indicates it is below average citywide, which often reflects the home's age, size, and condition relative to newer or larger homes across Winnipeg's suburbs. Market sale price can differ significantly.
4. What are the comparable nearby properties telling me?
The listed comparables, like 485 Walker Avenue (also older, similar size) and 504 Beresford Avenue (newer build, higher assessment), highlight the diversity in Lord Roberts. They show that this property sits at a more accessible end of the spectrum within the same community.
5. How can I get the exact historical sale price?
The displayed sale price range is based on public data. To obtain the exact sale price from its last transaction (noted as 2017), you must request it via the email system provided on the listing page. This is done manually to ensure accuracy and privacy.