Property Overview: 595 Walker Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This home at 595 Walker Avenue is a character property with strong, quantifiable fundamentals in a sought-after neighbourhood. Built in 1911, it offers a generous 1,200 sqft of living space, which ranks well above average for both Walker Avenue (top 16%) and the broader Lord Roberts area (top 25%). Its assessed value of $315,000 also positions it above the local averages, suggesting a solid perceived value relative to its immediate peers.
The appeal lies in this combination of ample interior space within a mature, established community. The lot size of 2,207 sqft is comfortably above average for the street, offering good outdoor space for the area. This isn't a new build; its value is rooted in location, proportion, and the charm of an older home. It would suit a buyer looking for a character home with room to grow, who values a neighbourhood's established feel over a brand-new construction, and who appreciates a property that stands out positively in its direct vicinity for both size and assessed value.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on public data, a home with a similar assessed value at 619 Rathgar Avenue sold in the $250k-$300k range in 2023. For the exact sale price of this property, you can request the history via email.
2. Is the living space truly larger than most nearby homes?
Yes. The 1,200 sqft living area is larger than approximately 84% of homes on Walker Avenue and 75% of homes in the Lord Roberts neighbourhood, making its interior space a key feature.
3. What should I consider about a home built in 1911?
While it offers classic charm and established neighbourhood roots, it’s important to factor in the potential maintenance or updating needs common to homes of this era, balanced against its above-average condition as reflected in its assessment.
4. How does the lot size compare?
The lot is above average for Walker Avenue but smaller than the typical lot in the wider city. This is common for central, established neighbourhoods and means the outdoor space is generous for the street but not an exceptionally large yard by suburban standards.
5. What does the “above average” assessed value mean for taxes and offers?
An assessed value above the local average generally indicates the city’s view of its worth relative to neighbours. It can influence property taxes, but a sale price is determined by the market. It’s a useful benchmark, not a direct predictor of sale price.