Property Overview & Key Characteristics
This home at 346 Morley Avenue in Winnipeg's Lord Roberts neighbourhood presents a balanced offering with a few distinct advantages. Built in 1912, it is a character home typical of its era, with a living area of 1,138 sq ft that is slightly above average for both the street and the local area. Its standout feature is the land: at 2,509 sq ft, the lot size ranks in the top 18% on Morley Avenue, offering more outdoor space than many neighbouring properties. The assessed value is modest compared to the city-wide average, which can be appealing for property tax considerations.
The appeal lies in its position as a solid, established home in a mature neighbourhood. It suits a first-time buyer or an investor looking for a character property with a good lot size, without the premium price of a newer or extensively renovated home. It may also attract someone who values the potential of a larger lot over a more modern floor plan. A thoughtful perspective is that while the home is older, its metrics are consistently "around average" within its immediate locale, suggesting it’s a stable, typical property for the area without extreme outliers in size or value.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 2,509 sq ft lot is a key feature, ranking in the top 18% on Morley Avenue. This means it offers more outdoor space than most direct neighbours, where the average lot is around 2,705 sq ft.
2. What does the assessed value indicate?
With an assessed value of $24,600, it is around average for Lord Roberts. This suggests the property is likely valued in line with similar homes in the neighbourhood, which can be positive for predictable property tax calculations.
3. Is the living space smaller than a modern home?
At 1,138 sq ft, it is modest by current city-wide averages but is actually slightly above the average for both Morley Avenue and the Lord Roberts area, making it a competitively sized home for this specific location.
4. The home was built in 1912. What should I consider?
As a 114-year-old character home, prospective buyers should budget for potential maintenance or updates consistent with its age. Its year built is typical for the street, ranking near the middle of homes on Morley Avenue.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the exact sold price history, you can request it via email from the listing source, which provides this detail manually.