Property Overview: 492 Walker Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This 2015-built home stands out in its established Lord Roberts neighborhood for its modern construction and above-average living space. With 1,574 sqft of living area, it ranks in the top 4% of homes on its street and offers significantly more interior space than most local comparables. Its assessed value of $490k places it firmly among the elite properties in the immediate area, suggesting high-quality finishes and a premium position.
The primary appeal lies in acquiring a relatively new, low-maintenance home in a mature neighborhood—a rare combination. It suits buyers looking for modern comforts without sacrificing established community character. It’s particularly well-suited for those who prioritize interior space and contemporary amenities over a large yard, as the lot size is more compact compared to city-wide averages. A thoughtful perspective is that this property represents a "best of both worlds" scenario: it delivers the modern build quality and layout many seek, while its value metrics indicate it is a standout investment within its specific, desirable locale.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value is in the top 2% on Walker Avenue and the top 5% in the broader Lord Roberts area, indicating it is valued significantly higher than most nearby homes, likely due to its new construction and size.
2. Is the lot size a drawback?
The land area is around average for the street but below average for the neighborhood and city. This appeals to buyers seeking lower outdoor maintenance but may not suit those wanting extensive gardens or large private outdoor space.
3. What does the sale history indicate?
The home sold in the $450k-$500k range in both 2016 and 2017. This consistent price range, close to its current assessed value, suggests stable and strong market valuation over time.
4. How does the age of this home compare to others nearby?
Built in 2015, it is exceptionally new for the area. It ranks in the top 2% for year built on its street, where the average home was built in 1926, offering a major advantage in terms of modern building codes, systems, and energy efficiency.
5. What are some directly comparable nearby properties?
For reference, the listing suggests viewing nearby newer builds like 504 and 506 Beresford Avenue (built 2019), though they have less living area. A direct neighbor like 485 Walker Avenue (built 1914) highlights the stark contrast in age and assessed value typical of the neighborhood.