Property Overview: 527 Walker Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This is a classic, early-1900s home in the established Lord Roberts neighbourhood. At 824 sqft, its living space is modest but typical for the immediate street, positioning it comfortably within the middle of the local market. The lot size is also in line with area norms, offering a standard urban footprint. Its assessed value reflects this, sitting around the average for Walker Avenue.
The primary appeal lies in its location within a mature community and its value proposition as an entry point into the housing market. It suits first-time buyers, downsizers, or practical investors looking for a character home without a premium price tag. A thoughtful perspective is that its older vintage (built 1909) offers authentic charm but requires a buyer comfortable with the maintenance and potential updates that come with a century-old structure. Compared to the wider city, it provides a more affordable and centrally located alternative to newer, larger suburban homes.
Frequently Asked Questions
1. How does this home’s value compare to the area?
Its assessed value is around the average for Walker Avenue itself, but below the average for the broader Lord Roberts neighbourhood and the city overall. This suggests it is priced accessibly within its immediate context.
2. What should I consider due to the home’s age?
Built in 1909, the home is among the older on the street. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation, and budget for potential updates.
3. Is the living space sufficient?
At 824 sqft, the living area is smaller than the average home in Winnipeg. It is best suited for individuals, couples, or small families who prioritize location and value over square footage, or who are comfortable with efficient use of space.
4. Can I get the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. How does the lot size compare?
The 2,206 sqft lot is fairly standard for Walker Avenue but is smaller than the average lot in both the Lord Roberts neighbourhood and across Winnipeg. It provides a traditional urban yard space.