Property Overview: 657 Rathgar Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1909) on a standard city lot in the established Lord Roberts neighbourhood. Its key characteristic is its modest scale: at 609 square feet, its living area is notably smaller than most homes on its street, in the neighbourhood, and across Winnipeg. This is reflected in its assessed value, which is below average for the city but closer to the median for Rathgar Avenue itself.
The primary appeal lies in its position as an affordable entry point into a mature, central neighbourhood. It suits a very specific type of buyer: a first-time purchaser, an investor, or a downsizer seeking minimal upkeep and lower property taxes. The value proposition is the land and location, not the size of the existing structure. A thoughtful perspective is that a home of this vintage and size offers a chance for a simplified, efficient lifestyle without the maintenance burden of a larger, newer house. It may also present a long-term redevelopment opportunity (subject to zoning), given that the lot value forms a significant portion of the property's worth.
Section 2: Frequently Asked Questions
1. Is the sold price history available?
Yes, but only as a broad range from public data. The exact sale price from its last transaction (2021) can be requested directly from SaveOnHouse via email at no cost.
2. How does the small living area impact livability and value?
The 609 sqft footprint is significantly below average, indicating a classic "starter home" or cottage layout. This limits space for occupants and belongings but is a key factor in its relatively lower assessed value and likely listing price, prioritizing location over square footage.
3. What does the "below average" ranking for Year Built mean?
Built in 1909, it is older than most homes in its comparison groups. This suggests potential for character but also implies a greater likelihood of aging components (like plumbing, wiring, or the foundation) needing attention or updates.
4. Are the property taxes high?
Based on its assessed value of $22,600, which is below average for Winnipeg, the municipal property taxes would be comparatively low. This is a notable ongoing cost advantage.
5. How does the lot size compare?
At 2,207 sqft, the lot is around average for Rathgar Avenue but below average for the wider city. This is a typical lot for the inner-city neighbourhood, offering a manageable yard space.