Property Overview: 552 Rathgar Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 552 Rathgar Avenue is a classic, early 20th-century residence built in 1914, offering a grounded opportunity in Winnipeg's Lord Roberts neighbourhood. With 900 sqft of living space on a 2,872 sqft lot, its metrics are consistently "around average" when compared directly to its immediate street and neighbourhood peers. This indicates a property that is neither an outlier nor a fixer-upper in the context of its local area, but a standard, established home.
The primary appeal lies in its stability and location. It suits a pragmatic first-time homebuyer or an investor seeking a straightforward, lower-maintenance entry into the character-filled Lord Roberts area. The home last sold between 2021, suggesting a relatively recent market transaction. A thoughtful perspective is that its "below average" citywide rankings for size and lot are actually a strength for the right buyer, as they typically correlate with a more manageable scale and lower property tax burden relative to the wider city, while still providing the benefits of a mature, central neighbourhood.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes. While it provides a benchmark, the market price is determined by current buyer demand, condition, and recent sales of comparable homes. The last known sale was in the $250k-$300k range in 2021.
2. What does "around average" for the neighbourhood really mean for living here?
It means the home's size, lot, and value are typical for Lord Roberts. You can expect a similar community feel and property scale as your immediate neighbours, without the premium or the challenges of a vastly larger or smaller home on the block.
3. Are there concerns with a 112-year-old home?
While charm and solid construction are hallmarks of this era, potential buyers should prioritize a thorough inspection. Key focus areas for a 1914 build would include the foundation, original plumbing and electrical updates, roof condition, and energy efficiency.
4. The lot size is "below average" citywide. Is that a disadvantage?
Not necessarily. For many, a smaller lot in a central neighbourhood means less yard maintenance and a cozier streetscape. It aligns with a more efficient use of space and can contribute to a stronger sense of community than sprawling suburban lots.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. You can request the precise history by emailing the provided service; they manually provide this data without using your email for unsolicited marketing.