Property Overview: 526 Beresford Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old character home (built 1907) situated on a large, desirable lot in the Lord Roberts neighbourhood. Its primary appeal lies in its generous proportions and established location. With 2,496 sqft of living space, the home ranks in the top 1% for size both on its street and within the neighbourhood, offering significantly more room than typical area homes. The 6,248 sqft lot is also well above average for the area, providing ample outdoor space and potential.
The home’s assessed value places it in the top tier locally, suggesting a well-maintained or upgraded property relative to its peers. Its appeal is likely for a buyer seeking space, character, and a prime location over modern construction. It would suit a buyer who values established neighbourhoods, appreciates the architecture of the early 1900s, and has the vision or resources to maintain or thoughtfully update a historic property. The data indicates this is not a starter home, but a standout property in its community for those with space and legacy in mind.
Frequently Asked Questions
1. What does the "Elite – Top 1%" ranking for living area actually mean?
It means this home is larger than 99% of comparable homes on Beresford Avenue and in the Lord Roberts neighbourhood. With nearly 2,500 sqft, it offers roughly double the living space of the average local home.
2. The home was built in 1907. What should I consider?
While offering classic charm and likely solid construction, a home of this age will require a diligent inspection for its foundational integrity, plumbing, electrical systems, and insulation. Its age ranks it among the oldest 4% of homes on the street, so budgeting for ongoing maintenance or updates is essential.
3. How does the assessed value relate to the likely market price?
The assessed value of $54,100 is for municipal tax purposes and is not a market appraisal. The last recorded sale was between $400k-$450k in 2016. Market value would be determined by current condition, recent upgrades, and market trends.
4. The lot size is noted as "above average." How does this benefit a buyer?
The lot of over 6,200 sqft provides valuable outdoor space for gardens, recreation, or additions. It also offers more privacy and distance from neighbours than is typical in this area, where lots average closer to 4,000 sqft.
5. How can I find out the exact past sale prices for this home?
The listing service notes that exact sold price history is available upon request via email. They provide this information manually and state they do not use email addresses for unsolicited marketing.