Property Overview: 517 Carlaw Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, compact home built in 1907, offering a straightforward entry point into Winnipeg’s established Lord Roberts neighbourhood. Its primary appeal lies in its location and lot. The 2,499 sqft lot is a solid, usable size for the area, providing outdoor space that many newer infill properties lack. While the 672 sqft living area is notably smaller than most local and city-wide averages, this translates to a manageable footprint for maintenance and heating costs.
The home suits specific buyer profiles well. It’s a practical candidate for a first-time buyer seeking affordability in a central neighbourhood, or an investor looking for a rental property with a characterful exterior. It also appeals to those who value the potential of land and location over immediate square footage, as the lot offers future possibilities. A less obvious perspective is its appeal to minimalists or those looking to significantly reduce their living space without leaving a mature, tree-lined community. The assessed value is modest relative to the city, suggesting lower property taxes, which is a key ongoing cost benefit.
Section 2: Frequently Asked Questions
1. How does the small living area compare practically?
At 672 sqft, the home is significantly cozier than the average Winnipeg house. It likely features a classic two-bedroom, one-bathroom layout, requiring efficient use of space. This is ideal for one or two people but may feel cramped for a growing family.
2. What does the 1907 build year mean for me?
Homes from this era possess charm but require diligent upkeep. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, wiring, and the roof. While it has stood for over a century, modernizing these systems is a common consideration.
3. Is the assessed value the same as the market value?
No. The assessed value ($28.7k) is for municipal tax purposes only. The market value (what a buyer would pay) is typically much higher, as indicated by the 2019 sale in the $200k-$250k range. Property taxes, however, will be based on the lower assessed value.
4. What are the advantages of the lot size?
The lot is a genuine asset. At 2,499 sqft, it is above average for the immediate street and provides valuable outdoor space for gardening, entertaining, or pets. For the right buyer, it also represents the long-term potential for expansion or redevelopment, subject to zoning.
5. How can I get the exact historical sale prices?
The exact sale prices are not publicly listed in detail. As noted on the listing, you must request this information via email from the service. They provide the precise figures manually and state they do not use contact details for unsolicited marketing.