Property Overview: 347 Arnold Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a classic, grounded opportunity in the Lord Roberts neighbourhood. Its key characteristics are those of a modest, century-old property (built 1912) with a 1,104 sqft living space on a 2,584 sqft lot. The data reveals its primary appeal is not in standing out, but in fitting comfortably within its established community. Its assessed value, living area, and lot size all rank consistently around the average for both the immediate street and the broader Lord Roberts area, suggesting a home that is typical and proportionally priced for this locale. This creates a stable, predictable entry point into a mature neighbourhood.
The property would suit a pragmatic first-time buyer or an investor looking for a straightforward, no-surprises character home. Its appeal lies in the opportunity to live in a central, well-established area without the premium often attached to renovated or larger lots. A thoughtful perspective is that its "averageness" within the neighbourhood is a form of insulation from volatile market comparisons, offering a baseline from which any improvements could add relative value. It’s a canvas for a buyer who values location and potential over modern finishes or expansive size.
Section 2: Frequently Asked Questions
1. What does it mean that most metrics are "around average" for the area?
This indicates the property is very typical for Lord Roberts. You are not paying a premium for extra lot size or a more modern build, nor are you getting an unusually small or undervalued asset. It represents the core housing stock of the neighbourhood.
2. The assessed value is significantly lower than the citywide average. Is this a concern?
No, this is expected. Assessed values are relative within market areas. This figure reflects the home’s value within its specific neighbourhood context and is consistent with other homes on Arnold Avenue. The citywide average is pulled much higher by newer suburbs and luxury areas.
3. How might the 1912 build date affect ownership?
While the structure is over a century old, its year built is typical for the street. Buyers should budget for maintenance consistent with a character home and prioritize a thorough inspection for aging systems like wiring, plumbing, and the foundation, which may need updates.
4. The last recorded sale was between 2021-2025. How can I get the exact price?
The exact sold price is not public record in Manitoba. As noted on the listing, you must request this information directly from the listing service via the provided email button. They manually provide the exact figure from their records.
5. The lot is smaller than the city average. Is outdoor space limited?
Yes, at just over 2,500 sqft, the lot is compact compared to newer suburban developments. However, it is in line with neighbouring properties. This suits those looking for lower-maintenance outdoor space and reinforces the neighbourhood's efficient, close-knit urban feel.