Property Overview: 661 Walker Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of established neighbourhood character and practical value. Its key appeal lies in its generous 3,532 sqft lot, which ranks in the top 7% on its street, offering significant outdoor space uncommon for the area. Built in 1947, it is notably newer than many neighbouring homes, potentially suggesting fewer concerns with the foundational elements common in century-old houses.
The 887 sqft living area is modest but functional, positioned around the average for the Lord Roberts neighbourhood. The assessed value is above average for the immediate street, indicating a solid perception of worth within its most direct peer group. This combination suits buyers seeking a manageable-sized home without sacrificing yard space—ideal for gardeners, those wanting room for pets or children to play, or someone valuing privacy and expansion potential over square footage indoors. It would particularly fit a first-time buyer or downsizer who prioritizes location and land in a mature, central community over a large or newly built house.
Section 2: Frequently Asked Questions
1. How does the sold price history inform the current value?
The property sold between $300k-$350k in 2022. While not the exact price, this recent range provides a strong benchmark for its market value, especially when compared to its current assessed value of $28.80k (for tax purposes).
2. What does the "above average" year built really mean for a 1947 home?
In a neighbourhood like Lord Roberts, filled with homes from the early 1900s, a 1947 build is relatively newer. This could mean updates to original building standards, like electrical or plumbing systems, though a full inspection is still essential.
3. The lot size is a standout feature. What are the possibilities?
The large lot is the property's most significant asset. Beyond gardening and recreation, it may allow for future additions like a garage, workshop, or expanded deck, subject to city zoning bylaws.
4. How should I interpret the differing rankings (street vs. city-wide)?
The rankings show context is everything. While the home's living area is below the Winnipeg average, it's typical for Lord Roberts. Its lot size is exceptional on its street but smaller than typical suburban lots city-wide. This highlights its value as an inner-city property with a rare amount of land for the location.
5. Who are the likely neighbours?
The nearby comparable properties, like those on Rathgar and Walker Avenues, are primarily older, character homes with similar assessed values, suggesting a stable, established streetscape of modestly sized dwellings.