Property Overview
521 Berwick Place is a well-situated, mid-century home in the Lord Roberts neighbourhood. Built in 1957, it offers a practical footprint of 962 sqft on a standard 3,116 sqft lot. The home’s assessed value is in line with its immediate area, presenting a straightforward opportunity in a mature community.
Key Characteristics & Appeal
This property’s primary appeal lies in its established location and relative consistency. It is not an outlier in size, value, or lot dimensions within its own street and neighbourhood, which can signal stability and predictability. The home was built later than many in Lord Roberts, potentially suggesting updated infrastructure for its era. It would suit a first-time buyer, downsizer, or practical investor looking for an entry into a central Winnipeg neighbourhood without the premium of a newer build or a large lot. Its value is in being an average, manageable property in a convenient location, offering a foundation for customization without the pressure of overpaying for standout features.
Frequently Asked Questions
1. How does this home compare to others on the street?
In direct comparison to 67 homes on Berwick Place, this property ranks around the middle for living area, assessed value, and land size. Its year built (1957) is notably newer than the street average, placing it in the top 9%.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. However, being "around average" for both the street and the wider Lord Roberts area suggests it is priced consistently within its local market context.
3. What are the less obvious factors to consider here?
The data shows that while the home fits neatly within its immediate area, its lot size and living area are below the city-wide average. This highlights the neighbourhood's more compact, established character. The home’s newer build date (for the area) could be a positive, but a 1957 home will still require a thorough inspection for age-related updates.
4. Can I find out the exact price it last sold for?
The public data shows a sale between 2020-2025 in the range of $200k-$250k. The exact sale price is available upon direct request from the listing service, which they provide manually via email.
5. Who might this property not suit?
Buyers seeking a large lot, above-average square footage for the city, or a recently built home may find this property limiting. It is best suited for those whose priorities are location and neighbourhood character over sheer size or modern construction.