Property Overview: 395 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 395 Morley Avenue is a classic, compact property built in 1925, situated on a standard-sized lot in the established Lord Roberts neighbourhood. Its primary appeal lies in its position as an efficient and affordable entry point into a mature community. With a living area of 708 sq ft, it is notably smaller than average for the city, which translates to lower utility costs and minimal upkeep—a practical choice for those seeking simplicity.
The assessed value is modest and aligns closely with averages for the immediate street and neighbourhood, suggesting a fairly priced offering without the premium of a larger or newer build. The lot size is typical for the area, providing adequate outdoor space without the burden of extensive maintenance. This property would best suit a first-time homebuyer, a downsizer looking to reduce living space and expenses, or an investor seeking a manageable rental property in a central location. Its charm is not in grandeur, but in offering a grounded, low-complexity home in a well-located neighbourhood.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 708 sq ft, the living area is below the average for the Lord Roberts neighbourhood and significantly below the Winnipeg city-wide average. It represents a more compact living option.
2. Is the assessed value high for this area?
No, the assessed value is around the average for both Morley Avenue and the broader Lord Roberts neighbourhood, indicating it is priced consistently with local market norms.
3. What is the significance of the 1925 build year?
Built in 1925, this home is older than most in Winnipeg but is actually above the average age for homes on its own street. Buyers should be prepared for the potential maintenance needs and character of a century-old home.
4. Can I find out the exact historical sale price?
The listed sale price range for 2024 is based on public data. The exact sale price is available upon direct request to the listing service, which they provide manually via email.
5. What are the nearby properties like?
The immediate neighbours on Morley Avenue are homes of very similar proximity, suggesting a streetscape of closely built, older homes. The provided comparable listings vary in size and age, highlighting that this property is among the more modest options in the area.