Property Overview: 562 Beresford Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, early-20th century residence built in 1912, offering a blend of established character and practical size. With 1,260 square feet of living space, it sits comfortably above the average for both its immediate street and the Lord Roberts neighbourhood, providing a sense of spaciousness without being overwhelming. Its assessed value is consistently above average for its local area, suggesting it is a well-regarded property within its peer group.
The appeal lies in its position within a mature, sought-after neighbourhood. It represents a solid, middle-ground option: it’s not the largest or newest on the block, but it outperforms many peers in key metrics like living area and value. The lot size is modest, especially compared to city-wide averages, which translates to less yard maintenance—a potential plus for some. This property would suit buyers looking for a character home in a prime inner-city location who prioritize move-in-ready space over a massive lot or a recent build. It’s ideal for someone who values a home that has held its standing in the community over time, as evidenced by its steady sale price growth from the 2020 to 2023 transactions.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,260 sqft, the living area is larger than the average home on Beresford Avenue and in the wider Lord Roberts neighbourhood, placing it in the top third locally. This indicates a relatively spacious interior for the area.
2. Is the lot size a disadvantage?
The land area is smaller than many lots on its street and across Winnipeg. This means less outdoor space for gardening or expansion, but also reduced upkeep. For buyers seeking a lower-maintenance yard in a central location, this can be a practical feature.
3. What does the assessed value tell us?
The assessed value is above average for both the street and the neighbourhood, which typically indicates the property is in good condition and/or has desirable features compared to its immediate peers. It sits in a stable, well-established value bracket for Lord Roberts.
4. The home was built in 1912. What should I consider?
While the home’s age is around the neighbourhood average, it is older than most city-wide. Prospective buyers should prioritize a thorough inspection to understand the condition of original elements like wiring, plumbing, and the foundation, while also appreciating the character that comes with a home of this era.
5. How have its sale prices trended?
Public records show a sold price between $250k-$300k in 2020 and $300k-$350k in 2023. This upward movement suggests the property has appreciated in line with or possibly ahead of market trends in the area over that period.