Property Overview: 480 Brandon Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 480 Brandon Avenue is a classic, early 20th-century residence built in 1913, offering a grounded entry point into Winnipeg’s Lord Roberts neighbourhood. With 820 square feet of living space on a 2,499 sqft lot, its proportions are modest and typical for its immediate street, placing it comfortably in the middle of the pack among nearby homes. The assessed value is notably below both the city-wide and neighbourhood averages, which often signals a property with solid fundamentals but potentially in need of updates, or one that offers a value-oriented price per square foot.
Its primary appeal lies in its location and potential. Being an older home in an established area, it suits a buyer looking for character and the opportunity to personalize a space over time. It would be an excellent match for a first-time homebuyer, a practical investor, or someone seeking a manageable footprint without the premium of a modern build. A thoughtful perspective here is that its "average" metrics on the street suggest it fits seamlessly into the area's fabric—it's not an outlier, which can mean more predictable property values and a sense of established community. The very fact that it stands out for its below-average city-wide assessed value could represent a strategic opportunity to gain entry into the market.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price history?
Public data shows a sale between $150,000 and $200,000 in 2016. For precise, verified sold prices, you can request the exact history via email from the listing service.
2. How does this home compare in size to others in the area?
At 820 sqft, the living area is below the average for both the Lord Roberts neighbourhood and Winnipeg overall, but it is around the average for Brandon Avenue itself. This indicates a cozy, traditionally sized home for the street.
3. Is the low assessed value a concern?
Not necessarily. An assessed value below averages can reflect the home's age, size, or condition relative to newer or renovated properties. It often correlates with a more accessible purchase price and different property tax calculations, which is a key part of affordability.
4. What might the 1913 build year mean for me?
Homes from this era often possess charming character but may require attention to older systems like wiring or plumbing. It's a candidate for thoughtful updates, and a thorough inspection is highly recommended.
5. Who are the most likely buyers for this property?
This home is well-suited for first-time buyers prioritizing location over turn-key condition, value-focused investors, or downsizers seeking a manageable, character-filled home in a central neighbourhood. Its metrics suggest it's a practical, no-frills property with foundational value.