Property Summary: 634 Walker Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition within Winnipeg's Lord Roberts neighbourhood. Its key characteristic is a notable imbalance between its modest 648 sqft living space and its above-average assessed value for the immediate street. This suggests the value is anchored more in its desirable location on Walker Avenue and its newer construction (1961) relative to many area homes. The lot size is also generous for the street.
Its appeal lies in offering a relatively modern, low-maintenance footprint in an established central neighbourhood. It would suit a first-time buyer seeking an entry point into a mature area, an investor looking for a character-adjacent rental, or a downsizer wanting simplicity without moving to the outskirts. A thoughtful perspective is that this property may represent an opportunity to add value through a strategic expansion, given the lot size and the home's newer vintage compared to its neighbours.
Frequently Asked Questions
1. Why is the assessed value relatively high for a smaller home?
The assessment likely reflects the home's newer construction date compared to the neighbourhood average, its specific location on Walker Avenue, and the underlying land value.
2. What does the sold price history indicate?
The home sold between $300k-$350k in 2021. This past sale price, considered alongside the current assessed value, provides a recent market benchmark for the property.
3. How does the living area compare to nearby homes?
At 648 sqft, the living area is below the average for both Walker Avenue and the broader Lord Roberts neighbourhood, indicating a more compact layout typical of its era.
4. Is there potential for expansion or renovation?
The 2,207 sqft lot provides a relatively generous footprint for the street. Given the home's size and age, there may be potential to enlarge the living space, subject to local zoning and bylaws.
5. How can I find out the exact historical sold prices?
The exact sold prices are available by request via email from the listing source. They provide this data manually and state they will not use contact information for unsolicited marketing.