516 Walker Avenue

Property Overview: 516 Walker Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling blend of established character and practical value in the sought-after Lord Roberts neighbourhood. Built in 1913, its primary appeal lies in its above-average living space (1,332 sq ft) for the area, ranking in the top 9% on its street and the top 17% within the neighbourhood. This suggests a home that is more spacious than many of its peers. With an assessed value that also ranks above average locally, it positions itself as a substantial property within its immediate context.

The appeal is for a buyer seeking a character home without sacrificing interior space, who values being in a mature, established community close to downtown. It suits someone comfortable with the upkeep of an older home (113 years old) and a standard city lot (2,206 sq ft), who prioritizes location and interior scale over a large yard or a newer build. A thoughtful perspective is that while the lot size is modest city-wide, it is typical for the dense, walkable Lord Roberts area, emphasizing a lifestyle oriented more toward community amenities than private outdoor space.

Section 2: Frequently Asked Questions

1. How does this home truly compare in size to others in Winnipeg?
While its living area is around the city-wide average, it is notably larger than most homes directly on Walker Avenue and within the Lord Roberts neighbourhood, making it a spacious option for this specific location.

2. What does the assessed value indicate?
The assessed value ($319,000) is above average for both the street and the neighbourhood, but around average for the entire city. This often reflects the home’s desirable location and physical attributes relative to its immediate area, rather than a direct market price.

3. The home was built in 1913. What should I consider?
A home of this age offers charm and established infrastructure but requires a proactive approach to maintenance. Potential buyers should prioritize a thorough inspection to understand the condition of major systems like plumbing, electrical, and the foundation.

4. Is the lot size a disadvantage?
The land area is below average city-wide but is relatively standard for central, mature neighbourhoods like Lord Roberts. It offers typical backyard space for the area, aligning with the neighbourhood's more compact, community-focused layout.

5. Can I find out the exact historical sale price?
The listed sale history shows a range. The exact sold price is available upon direct request via email from the listing service, which they provide manually without using your contact information for marketing.