Property Overview: 571 Walker Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a classic, grounded opportunity in the Lord Roberts neighbourhood. Built in 1910, its primary appeal lies in its relative value and established location. With 864 sqft of living space, the house is compact but functional, sitting on a 2,207 sqft lot that is notably larger than many others on Walker Avenue itself. The assessed value of $200k positions it as a more accessible entry point compared to both area and city-wide averages.
Its charm is rooted in practicality and potential. It suits first-time buyers or investors seeking a foothold in a mature neighbourhood without a premium price tag. The appeal is less about grandeur and more about fundamentals: a decent lot size for the immediate area, a lower property tax burden due to its assessment, and the character that comes with a century-old home. It’s a property for someone comfortable with the trade-off of smaller, older interiors for location and lot proportion, possibly viewing it as a long-term home with renovation potential or a straightforward rental investment.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
While the 2,207 sqft lot is below the city average, it ranks in the top 29% on its own street. This means it likely offers more usable outdoor space than many direct neighbours, a valuable feature in a central neighbourhood.
2. What does the assessed value indicate?
At $200k, the assessment is below average for Lord Roberts and significantly below the city average. This typically suggests a lower annual property tax bill, which is a key ongoing cost savings for a buyer.
3. The home sold between 2021-2025. Can I get the exact price?
The exact sold price is not publicly listed. The listing service offers to provide it manually via email upon request, stating they do not use the contact for unsolicited marketing.
4. What should I consider about the 1910 build date?
A home from 1910 requires a diligent inspection. While it offers character, potential buyers should budget for updates to older mechanical systems (like plumbing and wiring) and insulation, and investigate the condition of the foundation and structure.
5. How does the living area affect livability?
At 864 sqft, the living space is efficient. It would suit individuals, couples, or small families comfortable with a cozy layout. The floor plan’s functionality will be as important as the square footage itself.