Property Summary: 490 Brandon Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and location within Winnipeg's Lord Roberts neighbourhood. Its most standout feature is the generous 4,998 sqft lot, which ranks in the top 3% on its street and top 16% in the wider area, offering significant outdoor potential rare for the locale. Built in 1957, it is notably newer than most neighbouring homes. The assessed value is strong for the immediate area, positioned in the top 20% in Lord Roberts, suggesting good value retention. With 900 sqft of living space, it is functionally sized and aligns with the local average.
The appeal lies in this balance: a home that is modern compared to its peers, on an exceptionally large lot, with a solid assessment foundation. It would suit a buyer looking for a manageable-sized home with ample yard space for gardening, expansion, or recreation, all within an established neighbourhood. It’s particularly suited for those who value land size over sheer interior square footage and appreciate a property that stands out in its immediate context for its relative newness and valuation.
Frequently Asked Questions
1. How does the lot size compare to a typical city property?
While the lot is exceptionally large for Lord Roberts, it is closer to the city-wide average. This highlights the character of the neighbourhood, where lots are typically more compact, making this property a relative standout.
2. The home was built in 1957, but the data says it's "newer than average." Why?
This reflects the age of the surrounding housing stock. In Lord Roberts and specifically on Brandon Avenue, many homes were built much earlier, in the early 1900s. A 1957 build date is therefore considered more recent in this specific context.
3. What does the above-average assessed value indicate?
A higher assessed value relative to nearby homes can signal several things, including desirable property characteristics (like the large lot), better condition, or improvements that have been recognized by assessors. It generally points to a stronger value position within the micro-market.
4. Is the 900 sqft living area a limitation?
This depends on your needs. It is slightly below the city average but typical for the area. It represents a more efficient, manageable footprint that can be ideal for smaller households, first-time buyers, or those seeking lower maintenance, with the bonus of a large yard for added living space.
5. How can I find out the exact historical sale price?
The provided sold price is a public range. To obtain the precise sale figure from the 2017 transaction, you can email the listing source directly via the provided button. They manually provide this detail without using your email for marketing.