Property Overview & Key Characteristics
This 1914 one-and-three-quarter storey home in Lord Roberts offers a blend of historic charm and modern practicality. Its key appeal lies in its established, tree-lined neighbourhood and a recently renovated basement, adding valuable finished space to the 1,040 sqft main living area. The lot is a generous size for the area, ranking in the top 14% within the neighbourhood.
The home suits first-time buyers or downsizers looking for character in a central location without a premium price tag. Its assessed value is notably efficient, ranking higher city-wide than its living area does, which may appeal to value-conscious buyers. A thoughtful perspective is the home's age: while it requires the upkeep expected of a century-old property, it also comes with the enduring craftsmanship and settled presence of a well-established street. The lack of a garage is typical for the area and is often offset by the neighbourhood's walkability and larger lot size.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This style typically features a main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially lower ceilings in certain areas. It's a classic architectural design common in Winnipeg's older neighbourhoods.
2. How does the renovated basement impact the living space?
While the main living area is listed at 1,040 sqft, the renovated basement provides additional finished rooms. This is crucial for expanding the functional space, whether for utilities, storage, or recreational use, making the home feel larger than the official square footage suggests.
3. The assessed value seems low. What does this indicate?
The assessed value of $23.7k is for municipal tax purposes only and is not a market price. Its ranking in the top 19% in Winnipeg suggests the city views this property as holding relatively good value compared to others, which can be a positive indicator for property taxes relative to city-wide averages.
4. Who is the typical buyer in Lord Roberts?
The neighbourhood attracts a mix of long-term residents, young professionals, and families drawn to its central location, mature landscape, and character homes. This property, with its efficient value and manageable size, would particularly suit those entering the market or seeking a simpler footprint.
5. How does the lack of a garage affect daily life here?
On-street parking is the norm. Buyers should assess parking availability on Walker Avenue. The trade-off is often a larger, more private yard (as indicated by the lot size ranking) and a very walkable location near amenities in Osborne Village and along Corydon Avenue.