Property Summary: 560 Walker Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This is a modest, historic home built in 1909, offering a straightforward entry point into Winnipeg’s Lord Roberts neighbourhood. Its key appeal lies in its relative affordability and manageable scale, with 750 sqft of living space on a standard city lot. The data suggests it is a smaller, older property even within its immediate area, positioning it for buyers with a limited budget or those seeking a lower-maintenance footprint.
The home would suit a first-time buyer, an investor looking for a rental property, or someone wanting to downsize into a central location without a large renovation project. A thoughtful perspective is that its older vintage and smaller size could mean lower utility costs and property taxes compared to larger, newer homes in the city, offering a different kind of value. Its last known sale was between $150k-$200k in 2021, indicating it serves a specific, price-sensitive segment of the market.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value and living area are below the averages for both Walker Avenue and the wider Lord Roberts neighbourhood. This typically indicates a more affordable price point, which can be good value for buyers prioritizing location over size or modern finishes.
2. What should I know about a house built in 1909?
While offering classic charm, a home of this age will likely require careful attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of any needed updates or maintenance.
3. How does the lot size compare?
The land area of 2,206 sqft is fairly standard for the street but smaller than the city average. This means smaller outdoor maintenance, which can be an advantage, but less potential for expansion compared to properties on larger lots.
4. Why is the assessed value significantly lower than the city average?
The assessed value reflects the property’s smaller size, older age, and likely simpler condition compared to the broader Winnipeg market. It is important to note that assessed value is for tax purposes and does not necessarily predict final sale price.
5. How can I find out exactly what it last sold for?
The provided sale history shows a range. To obtain the exact sale price from 2021, you can request it directly via the email link on the property detail page, as this information is verified manually.