Property Overview: 318 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home is a classic, early 20th-century residence built in 1913, offering a balanced proposition in the established Lord Roberts neighbourhood. With 1,120 sqft of living space, it sits comfortably around the average size for the area, making it a practical choice for a small family, a couple, or a first-time buyer. Its standout feature is the land: at 2,509 sqft, the lot size ranks well above average for Morley Avenue itself, suggesting a more generous outdoor space than many immediate neighbours—a valuable asset for gardening, play, or future expansion.
The appeal lies in its positioning as a solid, comparative value. The assessed value is notably below the city-wide average, which can translate to a favourable property tax position. While the home requires consideration for updates common to its era, it represents an entry point into a mature community with character. It would suit a value-conscious buyer who appreciates the charm of an older home and sees potential in its above-average lot size, or someone seeking a manageable property in a central location without the premium of a newly built home.
Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
A below-average assessed value, especially compared to the wider city, typically results in lower annual property taxes. It can indicate the home is valued conservatively relative to the market, which is often appealing for budgeting.
2. The home was built in 1913. What should I be aware of?
Homes from this era often have solid construction but may require updates to electrical, plumbing, or insulation to modern standards. A thorough inspection is essential to understand the condition of original features and any needed renovations.
3. The lot size is highlighted as "above average" for the street. Why is that important?
A larger-than-standard lot on the same street provides more private outdoor space and can offer better potential for additions, decks, or landscaping than neighbouring properties. It’s a less obvious form of value that doesn’t always reflect in the square footage of the house itself.
4. How does this property compare to others in Lord Roberts?
The data shows this home is quite typical for the Lord Roberts neighbourhood in terms of living area and age. Its value proposition is its lot size and assessed value, making it a competitively priced option within the area rather than a standout in size or newness.
5. How can I find out the exact historical sale price?
The listed sale price is a public range. For the exact figure, you can request it directly via the provided email service on the listing page, which manually supplies accurate sale history without marketing spam.