Property Overview: 500 Jubilee Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 500 Jubilee Avenue presents a compelling mix of established character and solid value within the sought-after Lord Roberts neighbourhood. Built in 1911, it is a classic Winnipeg property that offers above-average interior space for both its immediate street and the wider area, with 1,300 sqft of living area. Its assessed value ranks notably high for Lord Roberts, suggesting it is viewed favorably relative to local comparables. The lot, while smaller than others on Jubilee Avenue, is still generous compared to many city-wide lots.
Its appeal lies in its location within a mature, central neighbourhood and its well-proportioned living space. The data indicates it’s a home that balances historic roots with practical size. This property would suit a buyer who appreciates the established feel of an older community and is looking for a character home with room to grow, potentially a young family or a downsizer seeking a manageable yet spacious footprint in a prime location. A thoughtful perspective: while older, its above-average assessments for the area could signal either well-maintained condition or valuable renovation potential, making it a candidate for someone comfortable with a historic home’s nuances but seeking a move-in-ready foundation.
Frequently Asked Questions
1. How does this home’s age affect its value and condition?
Constructed in 1911, the home is notably older than many in the city. While this contributes to its character, prospective buyers should prioritize a thorough inspection to understand the state of major systems like plumbing, electrical, and the foundation, which are typical considerations for houses of this era.
2. The lot size is noted as "below average" for Jubilee Avenue. Is this a concern?
The lot is 4,044 sqft, which is smaller than the average on this street but still a good size, especially compared to many newer city lots. This could mean less yard maintenance while still providing decent outdoor space, a potential upside for those seeking a balance.
3. What does its "above average" assessed value in Lord Roberts indicate?
A higher assessed value relative to neighbourhood peers often reflects factors like the home’s size, condition, improvements, or desirable location within the area. It suggests the property holds solid intrinsic value in its local market context.
4. Can I find out the exact historical sale price?
The public data shows a sold price range (e.g., CA$250k–300k in 2016). The listing service offers to provide the exact sold price figures via a manual email request, as this precise data is not publicly displayed.
5. How does this home compare to nearby properties?
The listing provides direct comparisons to nearby homes on Jubilee Avenue and similar properties in the area, noting differences in year built, living area, and assessed value. This allows for a clear, data-driven comparison of how this specific property fits into the local streetscape and market.