Property Overview: 329 Arnold Avenue, Lord Roberts, Winnipeg

Key Characteristics & Appeal

This is a compact, century-old home (built 1909) on a standard city lot in the established Lord Roberts neighbourhood. Its primary appeal lies in its position as an accessible entry point into a mature, central area. At 806 sq ft, the living space is modest and ranks below average for the street, area, and city, indicating a home suited for a minimalist lifestyle, a small household, or as a strategic starter property. The assessed value is notably low, sitting around the average for the immediate area but well below the citywide average, which suggests a potentially lower property tax burden and an opportunity for value appreciation through updates.

The home would suit first-time buyers or investors looking for a foothold in a central neighbourhood without a premium price tag. Its smaller scale also appeals to those seeking a simpler, lower-maintenance footprint. A thoughtful perspective is that while the house itself is below average in size, the lot offers standard development potential for its area, providing optionality for future expansion or landscaping. The data shows it's a home that prioritizes location over size, offering the character and convenience of an older community.

Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. It is consistent with similar homes on Arnold Avenue and in Lord Roberts. It primarily reflects the home's smaller size and age compared to the city's broader housing stock, and it results in a correspondingly lower property tax bill.

2. What does the "below average" living area ranking mean for daily life?
It confirms the home is compact. Efficient use of space will be important. It is well-suited for 1-2 people but may feel cramped for a family or those needing dedicated home office space without creative layout solutions.

3. As a home from 1909, what should I budget for maintenance?
While the structure has proven its durability, prospective buyers should prioritize inspections for foundational integrity, roofing, wiring, and plumbing. Budgeting for ongoing upkeep and potential updates to improve energy efficiency is prudent.

4. How does the lot size compare, and what can I do with it?
At just over 2,500 sq ft, the lot is a typical size for the core neighbourhood. It provides adequate private outdoor space for a garden or patio but is not large enough for significant additions without careful planning and permits.

5. How can I find out exactly what this home has sold for in the past?
The website provides estimated sold price ranges from public data. To obtain the exact historical sale prices, you must request them via email through the provided form on the listing page. This is a manual process done to ensure data accuracy.