Property Overview: 396 Arnold Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, location, and modern convenience within Winnipeg's desirable Lord Roberts neighbourhood. Its primary appeal lies in its generous 2,232 sqft living area, which ranks within the top 3% of homes on Arnold Avenue and the top 1% within Lord Roberts itself, offering significantly more interior space than typical local comparables. Built in 1961, it is a notably newer home in an area with many heritage properties, potentially offering fewer concerns about outdated mechanical systems or foundations. The lot size of 3,757 sqft is above average for the immediate street and provides ample private outdoor space.
This property would suit buyers looking for a spacious, move-in-ready home in a central, established neighbourhood without the maintenance demands of a century-old character house. It’s ideal for families or those who value room to grow and entertain indoors. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the mature, tree-lined setting of a classic Winnipeg neighbourhood, but with the practical advantages of a mid-century build. Its elite ranking for living area in the neighbourhood suggests it's a rare find for those prioritizing square footage over ornate historical details.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was assessed at $50,400, but sold in 2024 for between $500,000 and $550,000. This large discrepancy is normal; municipal assessed value is for tax purposes and is not an indicator of current market value.
2. Is the lot size typical for the area?
At 3,757 sqft, the lot is above average for Arnold Avenue and generally in line with the Lord Roberts neighbourhood average. It is, however, below the city-wide average, which is skewed by larger lots in newer suburban developments.
3. What does the "Elite" ranking for living area mean?
It means this home's interior square footage is larger than approximately 97% of homes on its street and 99% of homes in the entire Lord Roberts neighbourhood. It is a standout feature for space in this location.
4. The home was built in 1961. Are there any potential concerns?
While newer than most homes in Lord Roberts, a 1960s-built home may still have original components like plumbing, wiring, or windows that could be nearing the end of their service life. A thorough inspection is recommended.
5. Can I get the exact historical sale price?
The public data shows a range. The listing service offers to provide the exact sold price via email upon request, which they handle manually without using your email for marketing.