Property Overview
This home at 606 Rathgar Avenue in Winnipeg's Lord Roberts neighbourhood presents a classic, early 20th-century character home with practical appeal. Built in 1914, it offers a comfortable 1,092 sqft of living space on a decent 3,239 sqft lot. The data suggests it’s a solidly average property for its specific street and neighbourhood in terms of size, age, and lot, but stands out for its relatively low assessed value compared to the wider city. This creates a potential value proposition in a mature, established area. Its appeal lies in its location within a historic community, offering a more affordable entry point into a character home without the premium price tag of a fully updated or larger property. It would suit a first-time buyer or pragmatic investor comfortable with a home of this vintage, who values location and lot potential over modern finishes or top-tier rankings in city-wide comparisons.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
This is typical for older, more modestly sized homes in established neighbourhoods when compared to the city average, which includes newer suburban homes and larger properties. The assessment reflects the home’s specific attributes, not necessarily its market price, and can indicate a different property tax burden.
2. What should I consider about a home built in 1914?
While offering charm and sturdy construction, a home of this age likely requires a careful inspection of its major systems (like plumbing, electrical, and foundation) and updates over the years. Budgeting for maintenance and potential upgrades is a responsible step.
3. How does this home compare to others on the same street?
The data shows it ranks above average for living area but around average for assessed value on Rathgar Avenue itself. This suggests you’re getting more interior space per dollar on this street compared to some neighbours, though the lot and age are typical for the area.
4. The sold price history shows a range for 2023. How do I get the exact figure?
The exact sold price is not publicly displayed in detail due to data sources. You can request it directly via email from the listing source, who provides the accurate figure manually without marketing spam.
5. What is the practical benefit of the lot size?
At just over 3,200 sqft, the lot is a good size for the neighbourhood. It offers ample outdoor space for gardening, entertaining, or future additions like a deck or shed, which can be a valuable asset not always found in older central areas.