Property Overview
546 Berwick Place is a 962 sqft home built in 1957, situated on a 3,180 sqft lot in Winnipeg's Lord Roberts neighbourhood. Its most recent assessed value is $25.50k, and it sold between $300k–$350k in 2022.
Key Characteristics & Appeal
This home presents a practical, mid-century option in a well-established neighbourhood. Its primary appeal lies in its relative modernity for the area—built in 1957, it is newer than many neighbouring homes, potentially suggesting fewer concerns with the aging components common in older Winnipeg houses. The living space is modest but functional, ranking around the average for its immediate street and neighbourhood, making it a straightforward, no-frills property.
It would suit first-time buyers or practical downsizers looking for an entry point into a mature community without the premium price of a larger lot or a fully renovated home. A thoughtful perspective is that its "average" metrics across the board—for lot size, living area, and value on its street—indicate a stable, predictable property unlikely to be over-improved for the area, which can be a sensible investment. Its city-wide rankings, which are generally below average for size and value, highlight that it offers a more affordable, compact alternative to the broader Winnipeg market.
Frequently Asked Questions
1. How does the 2022 sale price relate to the current assessed value?
The assessed value ($25.50k) is a municipal valuation for tax purposes and is typically much lower than the market value. The 2022 sale price ($300k–$350k) is a far better indicator of the home's actual market worth.
2. What does it mean that the home is "newer" than others on the street?
Built in 1957, this home ranks in the top 9% for year built on its street. In practical terms, this could mean relatively newer major systems (like plumbing or electrical) compared to nearby homes built in the 1920s or 1930s, though a full inspection is still essential.
3. Is the lot size a limitation?
At 3,180 sqft, the lot is around average for Lord Roberts but below average city-wide. It provides adequate outdoor space for a small garden or patio but may not suit those seeking extensive yard space.
4. Who might this home not suit?
It may not fit buyers looking for a large, modern living area or a premium lot, as its square footage and land area are below the Winnipeg average. It's a character home suited for modest needs.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly listed. You can request them by email via the listing page; the service provides the accurate figures manually and does not use contact information for marketing spam.