Property Overview & Key Characteristics
This home at 557 Beresford Avenue in Winnipeg's Lord Roberts neighbourhood presents a compelling blend of established character and relative value. Built in 1945, the 1,206 sqft house sits on a notably generous 5,159 sqft lot, which is well above average for both the immediate street and the broader area. Its assessed value ranks highly within Lord Roberts, suggesting it is viewed favorably compared to its peers. The property last sold in the 2021-2025 period for an estimated $350k-$400k, a significant increase from its 2016 sale, reflecting strong appreciation.
Its appeal lies in its established, in-demand location and the potential offered by its larger-than-average lot. It suits buyers looking for a home in a mature neighbourhood who may value outdoor space for gardening, expansion, or simply more privacy than newer, denser developments typically offer. It would also attract value-conscious buyers seeking a home that stands above average in its immediate context without the premium of a brand-new build. A thoughtful perspective is that while the home itself is of an average size for the city, its standout lot size in a central neighbourhood offers a "land bank" value that is becoming increasingly rare.
Frequently Asked Questions
1. How does this home compare to others on the street and in Lord Roberts?
The data indicates this property consistently ranks above average for Beresford Avenue and the Lord Roberts neighbourhood in key metrics like lot size, assessed value, and living area. Its lot is particularly generous compared to nearby homes.
2. What does the sold price history tell us?
The home sold for an estimated $350k-$400k around 2021-2025, a substantial increase from its $200k-$250k sale in 2016. This points to significant market appreciation over that period, though exact figures require verification.
3. Is the 1945 build date a concern?
While newer than many homes on the street and in Lord Roberts, a home from 1945 will likely require due diligence regarding the age and condition of major systems like plumbing, electrical, and the roof. Its above-average ranking for year built on the street suggests it is relatively newer in its immediate context.
4. What are the nearby reference properties?
The listing notes nearby homes for comparison, including newer builds from 2019 on the same street with higher assessed values but smaller living areas, and older, slightly smaller homes on adjacent streets. This provides context for the variety of housing stock in the area.
5. How can I get the exact sold price?
The exact sale price is not publicly displayed. The listing service offers to provide it manually via email upon request, stating they aim to reply by the end of the same day without using the contact for unsolicited marketing.