Property Overview & Key Characteristics
573 Walker Avenue is a compact, century-old home in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its efficient footprint and surprisingly generous lot size for the area. At 660 sq ft, the living space is modest, ranking below average for the street, neighbourhood, and city. However, the 2,207 sq ft lot is notably above average for Walker Avenue itself, offering valuable outdoor space potential in a mature community.
The home's assessed value is around average for its immediate street, suggesting it is priced in line with its local context. Built in 1910, it is one of the older homes in the area. This property would suit a first-time buyer, an investor, or someone looking to downsize into a character home with a manageable scale. Its value proposition is grounded in land size and location rather than interior square footage, appealing to a buyer comfortable with a renovation project or a cozy, efficient layout.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
While below the city average, the land area of 2,207 sq ft ranks in the top 29% on Walker Avenue itself. This means the lot is actually larger than many of its direct neighbours, which is a key advantage.
2. What does the "below average" ranking for living area mean practically?
The 660 sq ft living area is smaller than most comparable homes. Buyers should expect a compact floor plan typical of its 1910 era, likely with fewer or smaller rooms, and should plan their space needs accordingly.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value provides a tax-based benchmark. It is around average for the street but below average citywide. The final sale price will be determined by market conditions, the home's specific condition, and buyer demand for the lot and location.
4. The home is over 110 years old. What should I consider?
A home built in 1910 will likely require careful attention to foundational elements, wiring, plumbing, and insulation. While it offers character, a thorough inspection is essential to understand the scope of any needed maintenance or updates.
5. How can I find out what it last sold for?
Exact historical sale prices are not publicly displayed here. You can request the precise sold price history by emailing the listing service; they provide this information manually without using your email for unsolicited marketing.