Property Overview: 580 Carlaw Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 580 Carlaw Avenue is a practical and well-sized offering in the established Lord Roberts neighbourhood. Built in 1977, it is a notably newer construction compared to many homes on its street and in the immediate area, which may appeal to those seeking a property with potentially fewer legacy maintenance concerns than a century-old character home. With 1,126 sqft of living space, it provides above-average roominess for the local market, ranking in the top 28% on its own street.
The assessed value sits around the average for Lord Roberts, suggesting a reasonably priced entry point into the neighbourhood. However, the lot size is more compact, ranking in the lower 25% on Carlaw Avenue. This positions the property as an efficient, lower-maintenance yard option rather than one for extensive gardening or outdoor projects.
Its primary appeal lies in this balance: a relatively modern, spacious interior on a manageable lot in a central location. It would suit first-time buyers, downsizers, or investors looking for a straightforward, functional property without the premium price tag of a larger lot or a fully renovated character home. The data indicates it last sold between $250k-$300k in 2021, offering a recent benchmark for value.
Frequently Asked Questions
1. What are the main advantages of this home compared to others in Lord Roberts?
The key advantages are its newer construction (1977) and its above-average living area for the immediate vicinity. This combination offers more modern infrastructure and spacious interiors than many older, smaller homes in the area.
2. What is a notable compromise with this property?
The land area is on the smaller side, even for this neighbourhood. Buyers looking for a large backyard, garden space, or room for significant additions may find it limiting.
3. How does its value compare to the wider Winnipeg market?
The assessed value is below the city-wide average, which is typical for older, central neighbourhoods compared to newer suburban areas. This highlights its potential as an affordable option within the city limits.
4. The home sold in 2021. What can that price tell me?
The $250k-$300k sale price from 2021 provides a recent market anchor. It’s a crucial data point for understanding how the property was valued prior to recent market shifts, though current value would depend on condition updates and market trends since then.
5. Who might this property not be ideal for?
It may not suit buyers who prioritize a large, private outdoor space or those specifically seeking the classic architectural charm and renovation potential of one of the neighbourhood's many early-1900s homes.