Property Overview: 647 Walker Avenue, Lord Roberts, Winnipeg
Key Characteristics & Appeal
This 1,105 sqft home, built in 1947, presents a compelling opportunity in the Lord Roberts neighbourhood. Its primary appeal lies in its strong positioning within its immediate context. The property boasts an above-average assessed value and a newer build year compared to most homes on Walker Avenue and in Lord Roberts, suggesting it may have seen updates or been well-maintained relative to its peers. With a 3,531 sqft lot, it offers a generous outdoor space for the area, ranking in the top 8% on its street for land size.
The home would suit a practical buyer looking for a established character home with room to breathe, without the premium of a brand-new build. It’s particularly appealing for someone who values a neighbourhood with mature streetscapes and wants a property that stands out locally for its lot size and perceived value. The sales history indicates steady appreciation, making it a considered choice for those seeking a balance of character and investment stability in a central Winnipeg community.
Frequently Asked Questions
1. What does the "above average" ranking for Year Built actually mean?
While built in 1947, this home is newer than many in Lord Roberts. This ranking suggests the structure may have a more modern foundation or layout than the neighbourhood's older housing stock, potentially implying fewer concerns associated with very early 20th-century construction.
2. The city-wide rankings for lot size and year built are lower. Is that a concern?
Not necessarily. This highlights the difference between inner-city and suburban property profiles. This home offers a sizable lot for its established neighbourhood, which is often a priority over having a newer home. It's a trade-off that suits buyers seeking location and space over a modern build year.
3. How reliable are the sold price ranges shown?
The ranges are based on public data. For precise historical sale figures, you must request the exact price via email from the service. This is a common practice to ensure accuracy and comply with data licensing, not a marketing tactic.
4. The assessed value is significantly higher than the 2019 sale price. What does this indicate?
The increase from the 2019 sale range to the current $310k assessment suggests strong market appreciation and likely reflects improvements made to the property. It sets a benchmark for municipal taxes and indicates the city's view of its value growth.
5. Who would this home not be suited for?
Buyers seeking a move-in-ready, modern home with contemporary finishes and open-concept layouts may find a 1947 build requires compromise or renovation. It's also less suited for those prioritizing a massive suburban-sized yard, as the lot, while generous for the area, is below the citywide average.