Property Overview: 497 Carlaw Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, early-1900s character property in the established Lord Roberts neighbourhood. With 1,000 sqft of living space on a 2,499 sqft lot, its size is very typical for its immediate street and area, offering a manageable footprint. The data reveals a compelling perspective: while the home’s assessed value is modest compared to the wider city, it sits closer to the average for Carlaw Avenue itself. This suggests you are buying into a street of similar, character-rich homes rather than competing with newer or larger city-wide stock.
Its primary appeal lies in its authenticity and location. Built in 1904, it offers historic charm and is situated on a street of peers, providing neighbourhood consistency. The appeal is for a specific buyer: someone seeking a genuine character home as a blank canvas or a steward for careful updates, who values a classic neighbourhood feel over modern square footage. It would suit a first-time buyer or downsizer looking for an entry point into a mature area without the premium of a fully renovated property, or an investor attracted by the below-average assessed value and stable rental demand in central neighbourhoods.
Section 2: Frequently Asked Questions
1. What does the "below average" year built ranking mean?
It simply confirms the home's age (1904) relative to others. On its street and in Lord Roberts, it is among the oldest homes, which is the source of its character but also implies a greater potential need for attention to aging components like wiring or plumbing.
2. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's age, size, and likely condition compared to the city's broader housing stock. It can represent a lower property tax burden and a potential value opportunity for a buyer willing to invest in improvements that increase its worth.
3. How does the lot size affect future potential?
At 2,499 sqft, the lot is standard for the area. While not oversized, it is consistent with neighbouring properties and is sufficient for private outdoor space. Significant expansion or additions may be limited by lot coverage bylaws, common in mature neighbourhoods.
4. The home sold between 2020-2025. Why is the exact price not shown?
Exact sale prices in Manitoba are not publicly accessible data. The provided range is estimated from public records. You can request the precise sale price via email from the site, a common practice to ensure accuracy while complying with local data regulations.
5. What is the immediate neighbourhood like?
The listing shows several similar-era homes on the same block (499, 495, 501 Carlaw). This indicates a street with a consistent, established streetscape, which often contributes to stable property values and a cohesive community feel.