Property Overview: 515 Walker Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 515 Walker Avenue in Lord Roberts is a classic, early-1900s character property that presents a practical opportunity. Its key appeal lies in its established neighbourhood setting and manageable scale. With 960 sqft of living space and a 2,206 sqft lot, it sits around the average for its immediate street and area, offering a comfortable footprint without excessive maintenance. The assessed value positions it as a more accessible entry point within the citywide market.
This property would suit a first-time buyer or an investor looking for a character home in a central neighbourhood without a premium price tag. Its appeal is grounded in practicality and location rather than luxury or size. A thoughtful perspective for potential buyers is to see value in the home's established lot in a mature neighbourhood—a finite resource that newer subdivisions often lack. While its age (built 1909) means potential heritage charm, it also necessitates a mindful approach to inspections and updates, appealing to those comfortable with a home that has history.
Section 2: Frequently Asked Questions
1. How does this home compare in size and value to its neighbours?
Within the Lord Roberts area, this home is very typical. Its living area is close to the neighbourhood average, and its assessed value ranks it right at the median (Top 50%) for the area, indicating it is priced consistently with local expectations.
2. What should I consider given the home's age?
Built in 1909, the home is older than most in the city. This can mean character and solid construction, but it also warrants careful attention to the condition of major systems like wiring, plumbing, and the foundation during an inspection. Its age is a defining characteristic that can be a source of charm or a project list, depending on your perspective.
3. Is the lot size a pro or a con?
The lot is slightly below average for the broader city but is quite standard for the older, central Lord Roberts area. It provides adequate outdoor space for a garden or patio without the burden of extensive landscaping, which can be a positive for those seeking lower maintenance.
4. What is the recent sales history?
The home sold between 2021 and 2025 for an estimated $250k–$300k. For precise historical sold prices, you can request the exact data via email from the listing source.
5. Are there any similar properties to consider for comparison?
The listing references nearby properties like 485 Walker Avenue (1914) and newer builds on Beresford Avenue (2019) for contrast. This allows you to compare this character home’s value against both similar older homes and modern constructions in the same neighbourhood.