Property Summary: 617 Rathgar Avenue, Winnipeg
Key Characteristics & Appeal
This home, built in 1912, is a classic Lord Roberts property that offers solid value within a well-established neighbourhood. Its key appeal lies in its efficient, above-average living space (1,176 sq ft) compared to other homes on Rathgar Avenue and within the Lord Roberts area itself. While the lot size is modest for the city overall, it is typical for this central, mature neighbourhood. The assessed value is proportionally lower than the citywide average, which can present an opportunity for buyers seeking a foothold in a central location without a premium price tag.
This property would suit a practical, value-oriented buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who prioritizes location and functional space over a large yard or a newer build. Its character and neighbourhood setting are its main draws, offering a sense of established community. A thoughtful perspective is that while the home is over a century old, its assessed value ranking suggests it may not have seen the extensive modernizations that drive valuations higher, indicating potential for a buyer to add value through thoughtful updates.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
Its living area is notably above average for both Rathgar Avenue and the wider Lord Roberts neighbourhood, ranking in the top 21% and 29% respectively. This means it offers more interior space than most comparable local properties.
2. Why is the assessed value relatively low compared to the city average?
The assessed value is below the Winnipeg average, ranking in the top 83% (meaning 83% of city properties are assessed higher). This is common for older, character homes in central neighbourhoods that haven’t been fully renovated, and it often reflects a different value proposition focused on location and lot rather than modern finishes.
3. What should I consider with a 1912 build date?
While the home has historic character, its systems (like plumbing, electrical, and insulation) likely require inspection and may need updating. Its age is typical for Lord Roberts, ranking around average for the street and area.
4. Is the lot size a limitation?
The land area is modest by Winnipeg suburban standards but is standard for the central, grid-style Lord Roberts neighbourhood. It provides a manageable yard typical of the area’s streetscape.
5. How can I find out the exact past sale price?
The listed sale price range is based on public data. To obtain the precise historical sale figure, you can request it directly via the email option provided on the listing page; the service commits to a prompt, manual reply with no marketing spam.