Property Overview: 549 Jubilee Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home on Jubilee Avenue is defined by its generous proportions and established location. Its primary appeal lies in its above-average living space—at 1,900 sqft, it ranks in the top 9% for size on its street and the top 4% within the desirable Lord Roberts neighbourhood. This suggests a home with ample room for a growing family or those who value spacious interiors, potentially with classic architectural details given its 1911 construction. The lot size is also notably larger than the neighbourhood average, offering valuable outdoor space in a mature community.
The property suits buyers looking for a character home in a prime central area who are prepared for the realities of an older build. Its assessed value is above average for the immediate area, indicating perceived value, but recent sold price history shows a range that may present an opportunity relative to that assessment. It’s ideal for someone prioritizing interior space and lot size over a newer build, and who appreciates being in a neighbourhood where this home’s footprint is a standout feature.
Frequently Asked Questions
1. How does the age of the home (built 1911) impact its value and appeal?
While older than most homes on the street and city-wide, its age is typical for the historic Lord Roberts area. The appeal is in its character and established location, but buyers should budget for potential updates and maintenance consistent with a home of this era.
2. The living area is large for the area. What does that typically mean?
A home this size in Lord Roberts is a rarity, ranking in the elite top 4%. It often indicates a layout with more bedrooms, larger rooms, or finished spaces that many neighbouring properties lack, offering a unique advantage in a sought-after neighbourhood.
3. Why is there a range for the sold prices, and how can I get the exact figure?
Sold prices are estimated from public data. The listing service offers to provide the exact historical sold prices via a manual email request at no cost, with a promise of no marketing spam, to ensure accurate financial planning.
4. The assessed value seems low compared to recent sold price ranges. Why?
Municipal assessed value for tax purposes often lags behind market value and uses a different calculation. The sold price ranges from 2020-2021 suggest the market value may be higher, which is common in active neighbourhoods. Current market conditions should be verified.
5. What does the "above average" lot size in Lord Roberts mean practically?
With a land area of 4,859 sqft ranking in the top 18% for the neighbourhood, this property likely offers more private outdoor space, garden potential, or distancing from neighbours than is typical in this central area, a significant perk for many buyers.