Property Overview: 662 Nassau Street S, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home is a classic, early 20th-century residence built in 1914, offering a grounded opportunity in Winnipeg's Lord Roberts neighbourhood. With 1,044 sqft of living space and a 2,833 sqft lot, its size is consistently "around average" when compared directly to its immediate street and local area, suggesting it fits comfortably within the fabric of the community without standing out as unusually large or small. The assessed value is notably modest, positioning the property as a potentially accessible entry point into the market.
The appeal lies in its established location and straightforward metrics. It suits pragmatic buyers—perhaps first-time homeowners, downsizers, or investors—who value character and location over modern size. A thoughtful perspective is that its "average" rankings across the board indicate stability and predictability; you're not paying a premium for an outlier feature, nor are you inheriting a glaring deficiency. It represents a balanced, no-surprises option in a mature neighbourhood. The recent sale history (2022) provides a relevant, modern price benchmark for valuation.
Frequently Asked Questions
1. What does it mean that the home's rankings are mostly "around average"?
This indicates the property's key features (size, lot, value) are typical for Lord Roberts and Nassau Street itself. It suggests you are getting a standard home for the area, not an under- or over-improved asset, which can simplify comparison and valuation.
2. The home was built in 1914. What should I consider?
While the age indicates character and established construction, it necessitates a thorough inspection of major systems (plumbing, electrical, foundation, roof) for updates or needed repairs. Its age is older than most on the street, so it may have unique original features but also associated maintenance considerations.
3. How is the assessed value so much lower than the city-wide average?
The city-wide average includes all property types and newer areas. The assessed value here is in line with older, central neighbourhoods like Lord Roberts. It reflects the property's specific market segment, not the overall Winnipeg market, and is more useful when compared to the local "Same area" average of $28.70k.
4. Can I find out the exact price it sold for in 2022?
The public data shows a range ($300k-$350k). The listing service notes you can request the exact sold price by email from them, as they manually provide this detail from verified records.
5. Who would this property be a good fit for?
It's well-suited for a buyer comfortable with a century-old home's charm and upkeep, seeking a stable, central neighbourhood. Its average metrics make it a sensible choice for someone prioritizing location and lot over square footage, or for an investor looking for a character rental in a consistent area.