Property Overview: 4 Fortune Street, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 4 Fortune Street is a study in practical, middle-of-the-road metrics within its immediate context. Built in 1976, it is one of the newer homes on its street and in the Lord Roberts neighbourhood, which may appeal to those seeking a property with potentially fewer age-related concerns than much of the local housing stock. With just over 1,000 square feet of living space, it offers a comfortably average size for the area, suitable for a small family, couple, or downsizer.
The primary appeal lies in its positioning as a stable, unexceptional property in a mature neighbourhood. Its assessed value is squarely average for the street and area, suggesting it is not overvalued relative to its direct peers. A thoughtful perspective is that this represents a "known quantity" – a home that aligns closely with neighbourhood norms, which can be a advantage for buyers seeking predictability and avoiding the premium or pitfalls of more outlier properties. It suits a pragmatic buyer, perhaps a first-time homeowner or long-term investor, who values a straightforward, no-surprises entry into a central Winnipeg neighbourhood without the competition or price of a fully renovated character home.
A notable point of consideration is the lot size. While typical for Fortune Street, it is significantly smaller than the average lot in Lord Roberts and citywide. This translates to minimal exterior maintenance but limited potential for expansions or large landscaping projects, defining it as a low-maintenance property primarily oriented around its interior living space.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes is approximately $23,800, which is average for the street. The home last sold for an estimated $250,000-$300,000 in 2021. Market price is determined by current conditions, but the assessed value indicates it is not an unusually high-tax burden for the area.
2. What does the 1976 build year mean for maintenance?
Being newer than most homes in Lord Roberts is generally positive, potentially meaning updated electrical systems or plumbing. However, a home from the 1970s will still require diligent inspection of its roof, windows, and major mechanical systems, which are now approaching 50 years old.
3. Is the lot size a disadvantage?
The 1,267 sqft lot is very small compared to the Winnipeg average. This is ideal for buyers who want minimal yard work, but it offers little private outdoor space and severely limits any potential for additions. Your enjoyment will depend heavily on the interior layout and nearby public parks.
4. How does this home compare to others on the street?
The data shows it is remarkably average for Fortune Street in terms of living area, value, and lot size. Its main differentiator is being the newest home on the block. You are buying a property that is very representative of its immediate surroundings.
5. Can I get the exact historical sale prices?
The public data shows price ranges. The listing service offers to provide the exact sold prices via email upon request, which they state is a manual process with a same-day turnaround and no marketing spam.