Property Overview: 500 Carlaw Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 500 Carlaw Avenue is a character property built in 1908, offering a blend of historic charm and practical space in the established Lord Roberts neighbourhood. Its primary appeal lies in its efficient use of space and lot size relative to its immediate area. With 1,128 sqft of living area, it sits above average for Carlaw Avenue itself, providing comfortable room for a small household. The 2,599 sqft land parcel is also notably larger than many of its direct neighbours, offering valuable outdoor space in a mature community.
The property’s assessed value is modest compared to the Winnipeg city-wide average, suggesting a potentially accessible entry point into the market. This is a home that suits a practical buyer—perhaps a first-time homeowner, an investor, or someone seeking a character home without a massive footprint. It would appeal to those who value location and lot size over modern construction, and who see potential in a well-located, century-old structure. A thoughtful perspective is that while the home is older than most in the city, this can represent a tangible connection to Winnipeg’s history and a chance to steward a piece of it, with the understanding that maintenance and updates are part of the journey.
Frequently Asked Questions
1. What does the "above average" ranking for living area actually mean?
It means that, specifically on Carlaw Avenue, this home's interior square footage is greater than about 74% of comparable properties on the same street. However, when compared to the entire city, its size is around the middle range.
2. The home was built in 1908. What should I consider?
While full of character, a home of this age will likely require diligent maintenance and potentially updates to major systems like wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and any needed investments.
3. Why is the assessed value so much lower than the city-wide average?
The assessed value is used for calculating property taxes and is influenced by many factors, including home age, size, and specific location. Its lower value compared to the city median reflects the home's age, potentially simpler finishes, and the character of the established neighbourhood, not necessarily its market sale price.
4. How can I find out what it actually sold for in 2020?
The listed sale price range is based on public data. For the exact sale price, you can email the provided service on the detail page. They manually provide the accurate figure from their records.
5. What are the advantages of a larger lot size on this street?
A larger lot in a mature neighbourhood like Lord Roberts provides more private outdoor space, better potential for gardening, and increased flexibility for future additions or renovations, subject to local zoning bylaws. It's a less common find on an inner-city street.