577 Beresford Avenue

Property Overview

This 890 sqft home, built in 1911, sits on a 3,457 sqft lot in Lord Roberts. It last sold in the $250k-$300k range in 2024, with a current assessed value of $24,300. The data presents a home that is modest in scale compared to many peers, offering a grounded entry point into a mature neighbourhood.

Key Characteristics & Appeal

The primary appeal of this property is its position as a relatively affordable, character home in an established central neighbourhood. Its living area and assessed value are below average for both its immediate street and the city overall, suggesting it's a smaller, more budget-conscious option. This isn't a sprawling modern home, but a practical footprint that may suit first-time buyers, downsizers, or investors seeking a manageable property. The lot size is fairly typical for the area, offering standard outdoor space without extensive upkeep.

A thoughtful perspective is that a home ranking "below average" in size and value on its own street can represent a smart, lower-threshold opportunity to secure a location that might otherwise be out of reach. It allows one to invest in the neighbourhood itself—its trees, sidewalks, and proximity to amenities—without paying a premium for a larger structure. The 1911 build date means potential for classic charm, but also implies that a buyer's comfort level with maintenance and potential updates is essential.

Frequently Asked Questions

1. What does it mean that the home's metrics are "below average"?
This indicates the house is smaller in size and lower in assessed value than many comparable homes on its street, in Lord Roberts, and across Winnipeg. It reflects a more compact and affordable property within its market context.

2. How current is the price information?
The sold price range of $250k-$300k is from a transaction in 2024, making it a very recent and relevant market indicator. The assessed value is for municipal tax purposes.

3. What are the implications of the 1911 build year?
As a 115-year-old home, it likely possesses character details but may require more attentive maintenance or updates to mechanical systems like wiring, plumbing, or insulation compared to a newer build. An inspection is highly advised.

4. How does the lot size compare?
At just under 3,500 sqft, the lot is around average for Lord Roberts but below the city-wide average. It provides a standard urban yard, not an exceptionally large one.

5. How can I find out the exact sold price?
The listing service offers to provide the exact sale price via email upon request, as they manually verify this data from non-public sources.