Property Overview: 387 Robertson Street, Winnipeg
Key Characteristics & Appeal
This is a practical, mid-century home in Winnipeg's Robertson neighborhood. Built in 1947, it offers 1,024 sqft of living space on a roughly 4,000 sqft lot. The data presents a clear picture: this property sits below average in assessed value, lot size, and living area compared to the wider city, but is much more aligned with—or even competitive within—its immediate area. Its assessed value of $235k is notably below the Winnipeg average, offering a lower entry point into the market.
The appeal lies in its positioning as a relatively affordable, no-frills home in an established neighborhood. It suits first-time buyers or pragmatic investors seeking a straightforward property without the premium of a larger, newer, or more centrally located home. A thoughtful perspective is that its "below average" metrics city-wide are precisely what create its affordability, while its rankings within Robertson street and neighborhood suggest it fits the local context well—it’s not an outlier. The recent sale in 2023 within the $250k-$300k range confirms its market position.
Frequently Asked Questions
1. Is this a good value compared to other homes in the area?
Based on assessed value, this home ranks in the top 77% for its neighborhood, meaning its value is lower than most direct comparables. This suggests it could represent a relative value buy within Robertson.
2. How does the lot size impact potential?
At 3,996 sqft, the lot is smaller than most on the street and in the city. This may limit expansion possibilities like large additions or pools, but could mean less maintenance—a trade-off that suits those looking for a manageable yard.
3. The home is older. What should I consider?
Built in 1947, it's older than most homes in Winnipeg. Prospective buyers should budget for potential updates to aging components like plumbing, electrical, or insulation, and consider a thorough inspection.
4. Can I get the exact price it last sold for?
The public data shows a sale in September 2023 for between $250,000 and $300,000. The site notes that exact, verified sale figures are not displayed publicly due to industry rules but can be requested directly from them via email.
5. What are the immediate neighbors like?
The listing shows very close proximity to other homes on Robertson Street (within 12-24 meters), indicating a typical, closely-built neighborhood street. This offers a sense of community but with minimal lot separation.