405 Robertson Street

Property Overview: 405 Robertson Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 1947-built home on Robertson Street presents a practical and affordable entry point into Winnipeg's housing market. Its key appeal lies in its balance of a modest, manageable home on a larger-than-average lot for the immediate area. With 984 sqft of living space, the house is typical for the Robertson neighborhood but smaller than the Winnipeg average, suggesting a cozy, low-maintenance footprint. The assessed value of $199k is notably below averages for the street, neighborhood, and city, indicating a potentially lower property tax burden and an accessible price point.

The standout feature is the 5,000 sqft land area, which is above average for both the street and neighborhood. This offers valuable outdoor space for gardening, recreation, or future expansion—a relative rarity for homes in this price bracket. The home last sold between $150k-$200k in late 2021, a price range that was competitive at the time.

This property would best suit first-time buyers, downsizers, or practical investors seeking a land-advantaged property without a large mortgage. It’s for those who value lot size over a large interior and see potential in the land itself or a home that can be updated over time. A less obvious perspective is that its below-average metrics in a stable neighborhood could represent a cushion against market dips, while the generous lot provides a unique upside that smaller parcels lack.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value ($199k) is used for calculating property taxes and is often lower than current market value. Recent sale prices of comparable homes in the area are a better indicator of what the property might sell for today.

2. What does the lot size ranking actually mean for me?
Ranking in the top 19% on its street for land area means you're getting more outdoor space than most neighbors. This could mean more privacy, room for a shed or garage, or simply a larger yard compared to other homes on Robertson Street.

3. The home is older than average. Should I be concerned?
A 1947 build is common for the area. While it may require attention to older components like wiring or plumbing, it also often comes with character and mature landscaping. A thorough home inspection is essential to understand the condition and any needed updates.

4. How reliable is the sold price data shown?
The sold price range ($150k-$200k for 10/2021) is based on publicly available data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email, as industry rules prevent displaying official MLS records here.

5. The living area is below the city average. Will the house feel small?
At 984 sqft, it is smaller than the Winnipeg average (~1,342 sqft), but it is very typical for the Robertson neighborhood. This can mean lower utility costs and less upkeep. For a single person, couple, or small family, it can be perfectly sufficient, especially when paired with the larger lot for additional "living" space outdoors.