Property Overview: 529 Jubilee Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home on Jubilee Avenue is a study in contrasts, offering a blend of historic charm and modern valuation within the sought-after Lord Roberts neighbourhood. Its primary appeal lies in its generous living space—at 1,926 sqft, it ranks in the top 7% for size on its street and the top 3% within the wider neighbourhood. This suggests a home that feels spacious and well-proportioned, likely appealing to those who need more room but want to stay within established, central communities.
The property suits buyers who value character (it was built in 1912) and are not deterred by the maintenance considerations of an older home. It’s an ideal fit for someone looking for a "diamond in the rough" with proven investment appeal, as evidenced by its strong assessed value ranking and recent sale in the $500k-$550k range. Interestingly, while the house itself is large and highly valued, the lot size is comparatively compact. This creates a low-maintenance yard scenario, which could be a perk for busy professionals or those who prefer to spend less time on landscaping. The buyer here is likely trading a sprawling garden for a more substantial historic home in a prime location.
Frequently Asked Questions
1. How does the older year of construction (1912) impact this property?
While the age places it below average for the city, it is around average for the historic Lord Roberts area. This typically means potential for classic architectural details but also underscores the importance of a thorough inspection for updates to major systems like wiring, plumbing, and insulation.
2. The lot seems smaller than others on the street. Is that a concern?
The land area is indeed more compact than most on Jubilee Avenue. However, it is very close to the average lot size for the entire Lord Roberts neighbourhood. This translates to less exterior maintenance and a focus on the home's generous interior living space.
3. What does the "Elite" and "above average" ranking for Assessed Value mean?
This indicates the municipal assessment value is in the top 5-6% for Lord Roberts and the top 22% city-wide. It generally reflects a strong official valuation relative to peers, which can be a positive indicator of the property's perceived worth and appeal in its market segment.
4. Are sold prices for nearby homes similar?
The data shows recent sales on nearby Beresford Avenue in a similar price range, though those homes are over a century newer. This highlights the premium that location, lot, and the character of an established area like Lord Roberts commands, even for older homes.
5. How can I get the exact historical sold price for this address?
The exact sold price is provided upon request via email from the listing service. They manually verify and send the accurate figure, typically by the end of the same business day, without using your email for unsolicited marketing.