Property Overview: 328 Arnold Avenue, Winnipeg
Key Characteristics & Appeal
This home at 328 Arnold Avenue in Lord Roberts is a compact, early 20th-century property built in 1911. With 720 square feet of living space on a 2,507 square foot lot, it is notably smaller than most comparable homes in the neighbourhood and citywide. Its assessed value is significantly below area averages, positioning it as an accessible entry point into the market.
The primary appeal lies in its value proposition and location. It suits first-time buyers, investors, or downsizers seeking a lower-cost foothold in a central Winnipeg neighbourhood without a large renovation project. The lot size is fairly typical for the street, offering standard outdoor space for the area. A thoughtful perspective for this type of property is its potential as a "right-sized" home: its modest scale can mean lower utility costs, less maintenance, and a simpler lifestyle, which is an increasing priority for some buyers. It represents an opportunity to enter the market where you can build equity, rather than stretching for a larger, more expensive property.
Frequently Asked Questions
1. Is this a small house?
Yes. At 720 sqft, the living area is below average for Lord Roberts and significantly below the Winnipeg average. It is a compact, character home.
2. Why is the assessed value so much lower than the citywide average?
The assessed value of $19,300 is based on municipal valuation for tax purposes and reflects the home's smaller size, age, and likely simpler finishes compared to the broader city average, which includes many newer and larger homes.
3. What does the "Top X%" ranking mean for each metric?
It shows how this property compares to a group of peers. For example, "Top 84%" for Living Area means its square footage is greater than 84% of the 219 homes on Arnold Avenue, but because the average home in that group is larger (1,116 sqft), it is still considered below average for that specific street.
4. How can I find out the exact historical sale price?
The listed sale price is a public data range. You can request the exact sold price history by emailing via the provided form on the listing page; the service is manual but provided without marketing spam.
5. What are the implications of a 115-year-old home?
Built in 1911, it offers classic charm but warrants a thorough inspection. Its systems (plumbing, electrical, roof) may have been updated over time, and understanding the current condition and any ongoing maintenance needs is crucial.