Property Summary: 491 Walker Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 491 Walker Avenue in Lord Roberts is a classic, early 20th-century residence built in 1911. With 820 sqft of living space on a 2,206 sqft lot, it presents a manageable scale. Its appeal lies in its established neighbourhood setting and its position as a relatively average property within its immediate area, suggesting a stable and predictable investment without the premium of a top-tier ranking. The assessed value places it solidly in the middle range for the street and neighbourhood.
This property would suit first-time buyers or downsizers looking for an entry into a mature community without the complexity or cost of a larger, modern home. It’s a practical choice for someone who values character and location over sheer size, and who is prepared for the upkeep typical of a century-old home. A thoughtful perspective is that its "average" metrics on Walker Avenue could be a strength, indicating a lower risk of being over-improved for the area compared to a top-ranked property, potentially offering more straightforward future maintenance and valuation.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
While its living area is below the city average, it ranks around the middle (Top 60%) for size on Walker Avenue itself. Its assessed value is also near the street's average. This indicates it's a typical, in-line property for this specific block, not an outlier.
2. What might the sold price history indicate?
The home sold between $250k-$300k in 2021. Compared to the 2016 sale of $150k-$200k, this shows significant appreciation. The 2021 price placed it in a higher percentile city-wide (Top 76%) than it ranks for assessed value today (Top 83%), which may reflect a strong past market or unique features at the time of sale.
3. Is the lot size a constraint or an opportunity?
At 2,206 sqft, the lot is smaller than most in Winnipeg but is fairly typical for Lord Roberts. It ranks in the top third for the neighbourhood (Top 86%). This means less yard maintenance but may limit expansion possibilities, suiting those who prefer a low-maintenance outdoor space.
4. What should I consider with a 115-year-old home?
Built in 1911, the home is older than most in the city. While systems like wiring and plumbing have likely been updated, a thorough inspection is essential to understand the condition of the foundation, structure, and any historical charm elements that may require specialized care.
5. How can I get the exact past sale prices?
The listed prices are ranges from public data. The exact sale prices are available by request via email from the listing service, which provides them manually without using your contact information for marketing.