Property Overview: 522 Walker Avenue, Lord Roberts, Winnipeg
This home presents a compelling opportunity in Winnipeg's Lord Roberts neighbourhood. Built in 1912, it offers 1,200 sqft of living space on a 2,206 sqft lot. The data suggests its primary appeal is in its above-average size and value within its immediate, established area. It last sold in the $300k-$350k range in 2024.
Key Characteristics & Appeal
The standout feature of this property is its strong relative value on its street and within Lord Roberts. With living space ranking in the top 16% on Walker Avenue and assessed value in the top 14%, it offers more room and higher perceived value than many direct neighbours. This creates a smart "value play" for the area—you get a home that stands out locally without the premium of a newer subdivision lot. The lot size, while modest city-wide, is typical for the mature, walkable neighbourhood.
Its appeal lies in this balance: it’s a character home in a central location that metrics show is a top performer on its block. It would suit a practical buyer who values established communities over sprawling lots, possibly a young family or professional seeking space and character without venturing to the outer suburbs. It’s less suited for those prioritizing massive outdoor space or brand-new construction.
Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
Based on public data, it sold for an estimated $300k-$350k in 2024, which placed it in the top 19% of sale prices on its street at that time. A previous sale in 2017 was in the $250k-$300k range.
2. Is the lot size a disadvantage?
While the 2,206 sqft lot is below the city and even neighbourhood averages, it is around average for Walker Avenue itself. This is typical for older, central communities and means lower maintenance, which some buyers prefer.
3. What does the assessed value tell me?
The $313,000 assessment is significantly above average for both the street and Lord Roberts. This can indicate the property is in good condition or has features the assessor values highly, but it’s not a direct market price. Always consult a REALTOR® for current valuation.
4. What are the implications of the 1912 build date?
The age is average for the area. It suggests classic construction and potential character, but a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, which may need updating.
5. Can I find out the exact past sale prices?
The provider offers to supply exact sold price history via email upon request, as the figures shown are estimated ranges from public data.