Property Overview & Appeal
This 1913 home on Morley Avenue in Lord Roberts presents a classic Winnipeg character property with a practical footprint. Its key appeal lies in its balance: it offers a slightly larger-than-average lot for the immediate street, providing valuable outdoor space in a mature neighbourhood. With just over 1,050 sqft of living area, the home is in line with the local average, suggesting a manageable size for upkeep. The notably low assessed value, while below area averages, indicates a potentially lower property tax burden and could represent a value-entry point into the neighbourhood. This home would suit a first-time buyer, an investor, or a downsizer looking for a character home without an oversized lot or premium tax assessment. Its charm is rooted in its established setting and practical proportions rather than modern size or finishes.
Frequently Asked Questions
1. What does the low assessed value mean for me?
A lower assessed value typically translates to lower municipal property taxes. It can indicate the home is a relative value within the area, though it may also reflect the age and condition of the property compared to newer builds.
2. How does the lot size compare?
The land area of 2,508 sqft is above average for Morley Avenue itself, which is a positive. However, it's below the city-wide average, which is expected for an inner-city neighbourhood. This means you get a decent-sized yard for the area without excessive maintenance.
3. The home was built in 1913. What should I consider?
While the structure is over a century old, its year built is around average for the Lord Roberts neighbourhood. This is typical for the area's charm. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, which may have been updated over time.
4. What can the 2017 sale price range tell me?
The past sale price (CA$150k–200k) provides a historical benchmark, but it does not reflect current market value. It's most useful for understanding the property's price trajectory and should be considered alongside recent sales of comparable homes.
5. How does this home rank within its neighbourhood?
The rankings show this is a very typical home for Lord Roberts in terms of size and age. Its standout features are its lot size (above average for the street) and its assessed value (below average), which together sketch a profile of a character home with a reasonable tax load and usable outdoor space.