Property Summary: 472 Morley Avenue, Winnipeg
Section 1: Overview & Appeal
This home on Morley Avenue in Lord Roberts presents a practical opportunity in a well-established neighbourhood. Its key characteristics are grounded in its above-average lot size for the street and its relatively modern construction compared to many neighbouring homes, having been built in 1958. With just under 1,000 sqft of living space, it offers a manageable footprint. The appeal here lies in its position as a solid, no-surprises property within its immediate context—it consistently ranks around the middle compared to homes on its street and in Lord Roberts for size and value, suggesting it’s a typical example of the area. This isn’t a standout luxury home, but a straightforward option.
It would suit a first-time buyer or an investor looking for a stable entry into a mature neighbourhood without the premium price of a larger or fully renovated property. A thoughtful perspective is that its newer build date (compared to many area homes) may mean fewer immediate concerns with aging infrastructure, while its modest assessed value could indicate a potentially manageable property tax burden. It’s a home for someone seeking practicality and neighbourhood character over sheer size or modern finishes.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows it’s consistently around average for Lord Roberts and Morley Avenue itself in terms of living area and assessed value. Its lot size is notably larger than many on its street, and it is a much newer build than most in the immediate neighbourhood.
2. What is the likely property tax based on the assessed value?
The assessed value is approximately $26,300. Property tax would be calculated by applying the City of Winnipeg’s annual tax rate to this value, which typically results in a lower-than-city-average tax bill given this assessment is below the wider Winnipeg average.
3. The home sold in 2016 and 2022. What were the exact prices?
The public records show sold price ranges: $200k-$250k in 2016 and $250k-$300k in 2022. The listing service offers to provide the exact sale prices via email upon request.
4. Is the lot size a significant advantage?
At over 2,800 sqft, the lot is above average for Morley Avenue. This could allow for more private outdoor space, garden potential, or simpler maintenance compared to narrower lots, but it is still a standard city lot.
5. What does the “below average” citywide ranking mean?
When compared to all Winnipeg homes, this property is below average in living area and lot size, and well below average in assessed value. This primarily reflects that it is a modest, older neighbourhood home compared to the broader mix of property types and sizes across the entire city, not necessarily a drawback for someone seeking a home in this specific community.