Property Overview: 384 Arnold Avenue, Winnipeg
Key Characteristics & Appeal
This is a notably modern home in Winnipeg's Lord Roberts neighbourhood, built in 2024. Its primary appeal lies in its combination of new construction and a highly efficient, above-average living space. At 1,356 sqft, the home offers substantially more interior space than most comparable properties on its street and in the wider area. This is paired with an elite-level assessed value for the neighbourhood, suggesting high-quality construction and finishes.
The property suits buyers seeking a move-in-ready, modern home without the typical maintenance concerns of an older property. It’s ideal for professionals or small families who value contemporary design and space efficiency over a large lot, as the land area is modest by city-wide standards but typical for the central neighbourhood. A thoughtful perspective is that this home represents a strategic choice: you’re investing primarily in the building itself—its new systems, layout, and condition—within an established, convenient community, rather than paying for extensive outdoor space.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home sold for an estimated $500k-$550k in 2024. Its current assessed value is significantly lower at $51.4k. In Manitoba, property assessments for tax purposes are not intended to reflect market value and are typically a fraction of what a home would sell for.
2. What does the "elite" ranking for year built mean?
It means this home is newer than 99% of properties compared against it on the street, in Lord Roberts, and city-wide. It is essentially a brand-new construction in a neighbourhood of mostly older homes.
3. Is the lot size a drawback?
The land area is average for Arnold Avenue and Lord Roberts but below average compared to the entire city. This is common for central, established neighbourhoods. It means lower exterior maintenance but less room for expansive gardens or additions.
4. Who might the nearby comparable properties be relevant for?
The listed nearby homes (e.g., 578 Hethrington Ave, 554 Carlaw Ave) are useful for understanding the neighbourhood's price range and property types. They show that this home is newer and larger than many options in the area, which helps justify its price point.
5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed due to local regulations. You can request it by email through the provided button on the listing page. The service promises to provide the accurate figure manually, typically by the end of the same day.