Property score
38.4
Below average
Overall 38.4 · Smaller than most nearby homes
720 sqft (bottom 13%) · Built in 1911 (22 yrs older than avg)
Located in a above-average income area with median household income of ~67k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 3 schools, 1 shop, and 4 parks nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 5%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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38.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110451
$67K
Median household income
$74K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
40%
Single-person households
14%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
487 Carlaw Avenue — 25 amenities found within 500 m, across 6 categories, including 10 dining (nearest 171 m), 3 education (nearest 275 m), 1 shopping (nearest 388 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 17% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
487 Carlaw Avenue is a compact, century-old home in Winnipeg's Lord Roberts neighbourhood. Its primary appeal lies in its position as a more accessible entry point into the market, offering a balance of a established location and a manageable scale. The 720 sqft house, built in 1911, sits on a 2,499 sqft lot. Key metrics show it is a below-average-sized home for the city, but its assessed value is relatively average for its immediate street and neighbourhood, suggesting the value is anchored in its location rather than its size.
This property would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist, low-maintenance footprint in a central area. Its smaller scale means lower utility costs and less upkeep, but it requires a buyer comfortable with compact living. A thoughtful perspective is that while the home is modest compared to city-wide averages, its lot size is competitive on its own street, offering potential outdoor space that is valuable for a home of this era and size.
Frequently Asked Questions
1. Is this a "fixer-upper" or a move-in ready home?
The provided data doesn't specify the interior condition. Given its age (1911) and below-average assessed value for the area, a prospective buyer should budget for potential updates or maintenance common to houses of this vintage.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value is primarily a function of the home's smaller size and age compared to the broader Winnipeg average. It is much more in line with averages for Lord Roberts and Carlaw Avenue itself, which is a more relevant comparison.
3. What are the advantages of a smaller home like this?
The clear advantages are lower property taxes, typically reduced heating and electrical costs, and less time and money spent on maintenance and cleaning. It promotes a simpler, more efficient lifestyle.
4. The last sale was between $150k-$200k in 2019. What is it worth now?
Market conditions have changed since 2019. To understand its current market value, you should review recent sales of similarly sized homes in Lord Roberts and consult with a local real estate professional for a comparative market analysis.
5. Is there room to expand or build an addition?
The 2,499 sqft lot is relatively standard for the street. Any expansion would be subject to the City of Winnipeg's zoning bylaws, setback requirements, and the feasibility of working with a 115-year-old structure. A review of the property's survey and zoning would be essential first steps.
