Property Overview: 549 Berwick Place, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 549 Berwick Place is a practical, mid-century bungalow built in 1957. Its primary appeal lies in its position within the established Lord Roberts neighbourhood, offering a balance of modest size and relative affordability. At 962 sqft, the living area is fairly typical for homes on its street and in the local area, suggesting a manageable layout for a smaller household.
The data reveals a nuanced picture. The home’s assessed value is notably below average for the city, which could indicate an entry-point opportunity in a central neighbourhood. However, the lot size is compact, even by local standards. A thoughtful perspective is that this property may represent a "value-over-land" proposition—the appeal is in the existing structure and location rather than redevelopment potential. It would likely suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property in a mature area without a premium for a large yard.
Frequently Asked Questions
1. Is this a good value compared to the neighbourhood?
The assessed value is below the average for both Berwick Place and the wider Lord Roberts area, suggesting the property is priced competitively within its immediate market.
2. What does the below-average lot size mean for me?
The land area is compact. This typically translates to less exterior maintenance and lower landscaping costs, but it also means limited space for expansions, large gardens, or adding detached structures like a garage.
3. The home was built in 1957. What should I consider?
While the build year is newer than many on the street, a home of this age will likely have had some systems updated. A thorough inspection is essential to understand the condition of the roof, wiring, plumbing, and foundation.
4. How can I find out what it last sold for?
Exact sold price history is provided manually by the listing service to verified users. You can request this detailed information by email through the link provided on the property page.
5. Who might this property not suit?
Buyers looking for a large lot with room to grow, or those who prefer a modern, open-concept layout without renovation work, may find the compact lot and 1957 footprint less ideal. It’s best for those comfortable with the scale and character of a mid-century home.