Property Overview: 542 Rathgar Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This 1,252 sqft home, built in 1912, presents a solid opportunity in the established Lord Roberts neighbourhood. Its primary appeal lies in its strong relative value within its immediate context. The home ranks in the top 14% on its street for both living area and assessed value, meaning it offers more space and a higher municipal valuation than most of its direct neighbours. This suggests a property that stands out positively on its block. The lot size is generous for the area, providing above-average outdoor space in a mature, inner-city community.
The home would suit a practical buyer who values character and location over new construction. It’s ideal for someone looking for a "best house on the block" scenario in a historic area, willing to take on a home with good bones that may require updates. The data indicates a property that is a high-performer on its street but more average when compared to the wider city, highlighting its appeal as a strong local contender rather than a city-wide anomaly. Its last sale in the $300k-$350k range places it as an accessible entry point into a desirable neighbourhood.
Frequently Asked Questions
1. What does it mean that the home ranks in the top 14% for its street?
This means that compared to the 161 properties on Rathgar Avenue, this home has a larger living area and a higher assessed value than 86% of them. It’s a signifier of its relative size and municipal valuation strength within its most immediate peer group.
2. The home was built in 1912. What should I consider?
While the home’s age is typical for Lord Roberts, it necessitates a thorough inspection. Focus on the condition of major systems (plumbing, electrical, roof, foundation) that may have been updated over the years. The charm of a century-old home comes with a responsibility for diligent maintenance.
3. How does the lot size compare?
At 3,436 sqft, the lot is larger than average for both the street and the Lord Roberts neighbourhood. This is a less obvious advantage, offering more private outdoor space or garden potential than many nearby properties, which is a premium in older communities.
4. Why is the city-wide ranking for Year Built and Land Area much lower?
This is a key perspective. The home appears "below average" city-wide because newer suburban developments have larger lots and newer homes. This isn’t a drawback but a reflection of comparing an inner-city, character home to the entire metropolitan inventory. Its true context is the historic neighbourhood, where it holds its own.
5. How current is the sold price information?
The listed sale price of CA$300k–350k is a range based on public data from 2024. For the exact, verified sold price, you must request it directly via the provided email service. This is a common practice to ensure accuracy while complying with data regulations.