Property Overview: 524 Jubilee Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home on Jubilee Avenue is defined by its substantial lot and solid, above-average living space for the area. The standout feature is the 8,089 sqft land area, which ranks in the top 2% for the Lord Roberts neighbourhood, offering exceptional outdoor potential rarely found on inner-city streets. The 1,419 sqft living area is comfortably above the local average, providing ample room.
Its appeal lies in a compelling blend of established character and relative value. Built in 1945, it is newer than many neighbouring homes, potentially meaning fewer immediate heritage-related renovation constraints. While the assessed value is around average for the street, it sits above average for the wider neighbourhood, suggesting a recognized, stable investment in a desirable location.
This property would suit buyers who prioritize land size and space over a modern, turn-key home. It’s ideal for someone looking for a character home with room to garden, expand, or simply enjoy a large private yard. It would also appeal to a value-conscious buyer seeking an entry into a mature neighbourhood like Lord Roberts, who is prepared for the maintenance or updates typical of an 80-year-old home.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is exceptionally large for the area. At over 8,000 sqft, it is significantly bigger than the average lot in Lord Roberts (approx. 3,482 sqft) and ranks in the elite top 2% of the neighbourhood.
2. Is the home larger or smaller than others on the street?
The living area of 1,419 sqft is above the average for Jubilee Avenue, placing it in the top 26% of homes on the street for interior space.
3. What does the assessed value tell us about the property’s standing?
The assessed value is around average for Jubilee Avenue but above average for the broader Lord Roberts neighbourhood. This indicates it is a competitively valued property within a well-regarded local context.
4. The home was built in 1945. Is that older or newer for the area?
Yes, it is notably newer. The average year built for comparable homes on Jubilee Avenue is 1931 and 1933 for Lord Roberts, making this property roughly 12-14 years newer than its immediate peers.
5. Where can I find more detailed comparative information?
The listing suggests using the “Open neighbourhood map analysis” tool to visually compare this property’s year built, living area, assessed value, and lot size directly against nearby houses on a map.