Property Overview
This home at 495 Jubilee Avenue in Lord Roberts is a character property built in 1929, presenting a balanced opportunity within its mature neighbourhood. Its primary appeal lies in its generous 7,286 sqft lot, which is notably larger than most in the area and offers significant potential for gardening, expansion, or simply enjoying ample private outdoor space. With 1,170 sqft of living area and an assessed value that sits around the average for the street and neighbourhood, it represents a practical entry point into a well-established community. The home would suit a buyer who values lot size over a modern build, such as a first-time purchaser looking for a footprint to grow into, or an investor attracted by the land value in a central location. It’s a property that asks the buyer to see beyond the vintage of the home itself and appreciate the lasting value of the land it sits on.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of approximately 7,286 sqft is a standout feature. It ranks in the top 4% of lots in the Lord Roberts neighbourhood, meaning it is significantly larger than most properties nearby.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often different from market value. This home’s assessed value is around average for its immediate street but below the citywide average, suggesting it may be priced accessibly, but the final sale price will be determined by current market conditions.
3. What should I consider about a home built in 1929?
A home of this age will likely have classic charm but may also require updates to systems like wiring, plumbing, or insulation. A thorough inspection is essential to understand the condition and plan for any necessary maintenance or renovations.
4. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sold price history, you must request it directly via email from the listing source, as they provide that detail manually.
5. What is the neighbourhood like for amenities and convenience?
Lord Roberts is a central, mature neighbourhood in Winnipeg. Its appeal includes tree-lined streets and proximity to amenities like parks, schools, and likely convenient access to major routes, given its location on Jubilee Avenue.