Property Overview: 552 Jubilee Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home is a classic 1914 residence on a generous 6,474 sqft lot in the established Lord Roberts neighbourhood. Its key appeal lies in its balance of space and location. The 1,294 sqft living area is comfortably above average for the immediate area and the city, offering room to grow. The lot size is a particular standout, ranking in the top 6% within Lord Roberts, providing rare outdoor space and potential for gardens, play areas, or future additions.
The home’s assessed value is notably below the citywide average, which may indicate an opportunity for buyers comfortable with a character home that likely requires updates. Its appeal is grounded in practicality: it suits first-time buyers or investors looking for a footprint with room to add value, or downsizers seeking a manageable home with a premium-sized yard in a central location. It’s less about modern finishes and more about solid fundamentals—space, location, and lot size—offering a canvas for personalization.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $27,100 is below the citywide average, which often reflects the home’s age and potentially its current condition relative to newer homes. It’s important to note that assessed value is for tax purposes and does not equal market value, but it can indicate a property that may not have been recently extensively renovated.
2. How does the lot size compare to others?
The lot is a significant feature. At over 6,400 sqft, it is substantially larger than the average lot in both Lord Roberts and Winnipeg overall. This provides ample private outdoor space, which is a growing priority for many buyers.
3. The home was built in 1914. What should I consider?
A home of this age offers charm and sturdy construction but requires diligent inspection. Prospective buyers should budget for potential updates to systems like wiring, plumbing, and insulation, and seek a thorough inspection to understand the home’s condition and any needed repairs.
4. What is the neighbourhood like?
Lord Roberts is a mature, central neighbourhood near the Jubilee Avenue corridor. It offers a mix of character homes and is known for its convenient access to amenities, schools, and downtown. The specific street context shows homes of similar vintage and scale.
5. Where can I find more detailed comparative information?
The listing suggests using the “neighbourhood analysis page” to see this property on a map alongside nearby homes, allowing for direct visual comparison of lot sizes, year built, and other metrics with its immediate neighbours.