394 Arnold Avenue

Lord Roberts, Winnipeg

Property score

75.1

Good

Overall 75.1 · Larger and newer than most nearby homes

2,232 sqft (top 1%) · Built in 1961 (28 yrs newer than avg)

Located in a above-average income area with median household income of ~71.5k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby

Living Area

Above average

108% larger than neighborhood avg.

Year Built

Above average

28 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 2%

Past 10 years Lord Roberts sales snapshot (~80% of all data)

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

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Property score

75.1 is composed by the two sections below.

Property Score

77.7Good
Living Area2,232 sqft96Excellent
Year Built196146Low
Lot Size3,757 sqft46Low
Neighbourhood Sales Activity80Good

Community Score

71.3Good
Household Income72Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

Lord Roberts

How to read: Share of sales in each ~$50k price band for “lord roberts” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110449

Community deep dive

$72K

Median household income

$77K

Average household income

16%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

29%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)521
Labour force participation rate71%
Median age35.6
Avg household size2.2
Unemployment rate13%
Population density5210 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households29%
Couple families with children14%
Median household income (2020)$72K

Housing

Renter households38%
Condominium dwellings4%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority6%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 83%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,232 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 6%
Same street · Arnold Avenue
#6 / 219
Top 3% · Avg 1,116 sqft
Same area · Lord Roberts
#20 / 1,828
Top 1% · Avg 1,071 sqft
Citywide · Winnipeg
#11,686 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
549k
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 13%
Same street · Arnold Avenue
#13 / 219
Top 6% · Avg 304.6k
Same area · Lord Roberts
#40 / 1,828
Top 2% · Avg 286.7k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1961
0255075100
Same streetTop 21%Same areaTop 15%CitywideBottom 43%

Lot Size

above average
3,757 sqft
0255075100
Same streetTop 19%Same areaTop 31%CitywideBottom 22%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

394 Arnold Avenue — 26 amenities found within 500 m, across 7 categories, including 8 dining (nearest 377 m), 2 education (nearest 387 m), 2 healthcare (nearest 470 m).

Search radius
🍽️Dining8
🏫Education2
🏥Healthcare2
🛒Shopping3
🌳Parks5
💪Sports2
Worship4

Crime & Safety

Lord Roberts · WPS public data · 2026

Annual incidents

42

2026

vs. city avg

+42%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

74%

Sales History

Sold 1/2022CA$500k–550k
Sold price

Same street

Top 7%

Same area

Top 3%

City-wide

Top 16%

Related homes

Highlights & common questions: 394 Arnold Avenue, Winnipeg

Property Overview

This home at 394 Arnold Avenue in Winnipeg's Lord Roberts neighbourhood stands out for its generous proportions and established value. Its primary appeal lies in offering significantly more living space than most homes in its immediate area, city-wide, and even within its own desirable neighbourhood. With over 2,200 square feet of living area, it ranks in the top tier locally, suggesting a spacious layout that is a relative rarity. Built in 1961, it is notably newer than many surrounding homes, potentially meaning fewer concerns associated with very old infrastructure. The lot size is comfortably above average for the street, offering good outdoor space without the extensive maintenance of a much larger city plot. This combination suits buyers looking for a "move-in ready" size and scale in a mature neighbourhood, without needing to build new. It would particularly appeal to growing families seeking space, or downsizers from larger rural properties who still want ample room, all within a well-regarded established community.

Frequently Asked Questions

What does the "Elite" ranking for living area actually mean?
It means this home's interior square footage is among the top 3% of all 219 properties on Arnold Avenue and the top 1% within the broader Lord Roberts area. Simply put, it is exceptionally spacious compared to its direct neighbours.

The assessed value seems low compared to the sold price range. Why?
Municipal assessed values in Manitoba are often significantly lower than current market values and are used for calculating property taxes, not determining sale price. The sold price range from 2022 ($500k-$550k) is the more relevant indicator of its market worth.

As a 1961 build, what should I consider?
While newer than many area homes (which average from 1933), a 65-year-old home will still require due diligence. Key systems like plumbing, electrical, the roof, and windows may have been updated or may be nearing the end of their lifespan, so a thorough inspection is essential.

How does the lot size compare practically?
At just under 3,800 sq ft, the lot is larger than most on the street but smaller than the Winnipeg city average. This typically translates to a manageable yard with room for gardening and recreation, but not an expansive or overly burdensome green space.

Who are the most likely buyers for this property?
Given its space and neighbourhood, it's ideally suited for families who need multiple bedrooms and living areas, or for multi-generational living. It may also attract buyers from newer suburbs seeking more character and larger interior spaces than modern subdivisions often offer, without sacrificing room to live.

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