Property Overview & Key Characteristics
This 1916 one-storey home in Lord Roberts sits on a generous 3,448 sqft lot, offering a blend of historic charm and practical updates. Its key appeal lies in its balance: it features a renovated basement and a detached garage, providing both modern convenience and classic character. The property ranks highly for its lot size within Winnipeg (top 18%) and boasts an assessed value that places it in the top tier of its immediate street (top 82%), suggesting a solid foundation of value in a desirable location.
The home would suit a first-time buyer or downsizer looking for a manageable single-level layout in an established neighbourhood. It also appeals to the value-conscious buyer who appreciates a home with a major renovation (the basement) already completed and sees potential in the sizable lot. A thoughtful perspective is that while the living area is modest, the above-average lot size offers valuable outdoor space or future expansion possibilities that are increasingly rare in central neighbourhoods.
Frequently Asked Questions
1. How does the age of the home affect ownership?
Built in 1916, the home carries the charm and solid craftsmanship of its era but requires a buyer comfortable with the ongoing maintenance typical of a century-old structure. Systems like plumbing or electrical may have been updated, but this should be verified during an inspection.
2. What does the assessed value ranking actually mean?
The home’s assessed value is in the top 82% on its street and top 80% in Lord Roberts. This generally indicates it is valued higher than most comparable nearby properties, which can reflect its renovated condition, lot size, or overall desirability, but it is not a direct marker of market selling price.
3. Is the lot size a significant advantage?
Yes. At 3,448 sqft, the lot is larger than 82% of properties in Winnipeg. This provides more private outdoor space than is common and is a long-term asset, offering room for gardens, recreation, or potential future additions where zoning allows.
4. Who might the neighbourhood, Lord Roberts, appeal to?
Lord Roberts is a mature, central neighbourhood known for its tree-lined streets and character homes. It typically appeals to those seeking a quiet, established community with relatively easy access to downtown Winnipeg, without being in a high-density area.
5. How does this home compare to nearby similar-valued properties?
The provided comparisons show similar assessed values in various neighbourhoods, but key differences will be in lot size, home condition, and location. This home’s value appears driven by its Lord Roberts location, large lot, and renovated basement, rather than sheer living space.