Property Overview: 499 Walker Avenue, Winnipeg
Key Characteristics & Appeal
This 1,200 sqft home, built in 1913, presents a compelling opportunity in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its efficient use of space and desirable location. The living area is notably above average for both the immediate street and the broader Lord Roberts area, suggesting a home that feels more spacious than many of its peers. While the lot size is modest by city-wide standards, it is more typical for the established, central neighbourhood it resides in.
The property’s assessed value positions it as an above-average offering on Walker Avenue itself, but as a more accessible, value-conscious option within the larger city market. This creates an interesting dynamic: it’s a home that stands out positively on its own block while remaining competitively priced for the area. It would suit a first-time buyer or downsizer seeking character in a mature neighbourhood without the premium of a massive lot, or an investor looking for a solid, centrally-located asset. The home’s age implies classic charm but also warrants a careful inspection for updates and maintenance.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is below the city average, it is more in line with the compact, walkable nature of established central neighbourhoods like Lord Roberts. This typically means less yard maintenance and a closer-knit street feel, but may not suit those seeking extensive private outdoor space.
2. What does the assessed value tell me about the price?
The assessment is a municipal tool for calculating property taxes, not a direct market valuation. That it ranks higher on its own street than city-wide suggests the home offers good relative value on Walker Avenue. The final sale price will be determined by current market conditions.
3. Given the home's age, what should I consider?
A home from 1913 will likely have classic features but may require updates to electrical, plumbing, or insulation. A thorough pre-purchase inspection is essential to understand the condition and any needed investments.
4. Why is the exact sold price history not publicly listed?
To ensure accuracy and privacy, precise historical sale data is sometimes distributed manually by request. You can obtain the exact figures by contacting the listing source directly via the provided email option.
5. How useful are the comparisons to nearby properties?
The comparisons for 485 Walker Avenue and other neighbours are helpful for establishing a baseline on the street for size, age, and value. They confirm this home is competitively positioned, often offering more living space than immediate comparables.