Property Overview: 324 Morley Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 324 Morley Avenue is a classic, early 20th-century residence built in 1913, offering a blend of established neighbourhood character and practical space. Its primary appeal lies in its strong positioning within the immediate Lord Roberts area. With 1,202 sqft of living area, it provides above-average space for the street and neighbourhood. The lot size of 2,509 sqft is notably above average for Morley Avenue, offering valuable outdoor space in a mature community.
The home suits buyers looking for a solid, no-frills property in a well-located neighbourhood. It’s ideal for a first-time homebuyer, a practical investor, or someone seeking a manageable footprint without the premium of a newer build. A thoughtful perspective is that while the home’s assessed value is modest city-wide, its above-average rankings on its own street suggest it is a relative standout in its micro-location—often a sign of stability and incremental value in established areas. The recent sale price range indicates it transacts as an accessible entry point into the market.
Section 2: Frequently Asked Questions
1. How does this home really compare to others in the area?
The data shows it ranks well within Lord Roberts and on its own street for living space and lot size. It offers more interior space than the average home on Morley Avenue and has a larger-than-typical lot for the street, which is a distinct advantage.
2. Is the older year of build (1913) a concern?
While older than the city average, the build date is actually around the median for both Morley Avenue and the broader Lord Roberts neighbourhood. This is typical for the area’s character. Buyers should budget for a thorough inspection to understand the condition of major systems and any needed updates.
3. What does the assessed value tell me?
The assessed value is a municipal figure for tax purposes, not market value. Its below-average ranking city-wide reflects the home’s age and modest profile compared to newer or larger homes across Winnipeg. However, its stronger ranking within the neighbourhood is more relevant for comparison.
4. Can I find out the exact recent sale price?
The listed sale price is a public range. The exact, final sale price is available by request from the listing service via email, as they manually provide this detail to verified inquiries.
5. What are the less obvious factors to consider here?
Consider the "lot size advantage" on the street: a larger parcel in a mature neighbourhood can be a long-term asset. Also, the home’s consistent, mid-tier rankings across different metrics within Lord Roberts suggest it is a standard, representative property for the area—neither a fixer-upper nor a standout renovation, which can mean predictable costs and less competition from flippers or luxury buyers.