473 Beresford Avenue

Property Overview

473 Beresford Avenue is a character home in Winnipeg's Lord Roberts neighbourhood, built in 1911. Its primary appeal lies in offering above-average living space for its immediate area at a municipal tax assessment that is relatively modest for the city. The 1,552 sqft home ranks highly within its own street and community for both size and assessed value, suggesting it represents good value within this specific, established locale. It suits buyers looking for a home with classic charm and more interior room than many neighbouring properties, without a premium city-wide price tag. A thoughtful perspective is that this property represents a "neighbourhood-value" play: its strengths are most apparent when compared locally, not city-wide. It’s ideal for someone who prioritizes space and location within a specific community over a newer build or a larger lot.

Key Details & Suitability

• Key Characteristics: The home is notable for its generous living space (1,552 sqft), which places it in the top 16% on its street and top 8% in Lord Roberts. Its municipal tax assessment is $365,000. The lot is a standard city size for the area at 3,763 sqft. Its most defining trait is its age; built in 1911, it is a century-old property.
• Where the Appeal Lies: The appeal is squarely in getting more interior space than is typical for Lord Roberts and Beresford Avenue, at an assessed value that is competitive locally. For buyers committed to this historic neighbourhood, it offers a size advantage. Its 2021 sale in the $350,000-$400,000 range provides a recent market reference point.
• Target Buyer: This property best suits a buyer who appreciates historic homes and is focused on the Lord Roberts community. It's a match for those who value interior space over a large yard or new construction, and who are prepared for the maintenance or potential updates that come with a 115-year-old home. It is less suited for those seeking a modern build, a large lot, or a property that ranks highly in city-wide comparisons.

Frequently Asked Questions

1. How does this home's value compare to newer builds on the same street?
   The data shows newer homes (e.g., circa 2019) on Beresford Avenue can have significantly higher tax assessments (e.g., ~$489,000) for less living space. This highlights a trade-off: this 1911 home offers more sqft per dollar locally but likely involves different maintenance considerations than a new build.

2. The city-wide rankings for lot size and age seem low. Is this a concern?
   Not necessarily for the right buyer. These rankings reflect that newer suburbs have larger lots and newer homes. In the context of the central, established Lord Roberts neighbourhood, the lot size is typical and the age is common. The key comparison is within the community itself.

3. What does the "2021成交35–40萬" note mean?
   This indicates the property sold for between $350,000 and $400,000 in 2021. This recent sale price provides a concrete benchmark for how the market valued the home a few years ago, against which the current $365,000 assessment can be considered.

4. The home ranks well for space and value in Lord Roberts. What might the drawbacks be?
   Its high ranking for living space within the community suggests other homes in the area are smaller. The trade-off is the home's age (1911), which may require more upkeep or updating compared to newer stock. Energy efficiency and systems (plumbing, electrical) should be carefully evaluated.

5. How reliable is the provided sales history data?
   The page notes that the displayed sales history is based on publicly available data which may have gaps. They offer to provide a more accurate, manually verified sales history via email upon request, which would be a prudent step for serious consideration.