488 Carlaw Avenue

Lord Roberts, Winnipeg

Property score

45.6

Below average

Overall 45.6 · Compared with neighbourhood average

992 sqft (bottom 46%) · Built in 1913 (20 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: 8 dining spots, 3 schools, 2 shops, and 4 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Near average

20 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 5%

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

45.6 is composed by the two sections below.

Property Score

35.1Low
Living Area992 sqft42Low
Year Built191316Low
Lot Size2,499 sqft18Low
Neighbourhood Sales Activity80Good

Community Score

61.3Fair
Household Income68Good
Education Level34Low
Housing Stress74Good
Core Housing Need63Fair
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: #46110451

Community deep dive

$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

Population, labour & age

Population (2021)520
Labour force participation rate71%
Median age37.6
Avg household size2.0
Unemployment rate15%
Population density7428 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households40%
Couple families with children14%
Median household income (2020)$67K

Housing

Renter households45%
Condominium dwellings9%
Median dwelling value (owners)$234K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority22%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 76%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

around average
992 sqft
0255075100
Same streetBottom 41%Same areaBottom 46%CitywideBottom 25%
Same street · Carlaw Avenue
#47 / 80
Bottom 41% · Avg 1,057 sqft
Same area · Lord Roberts
#982 / 1,828
Bottom 46% · Avg 1,071 sqft
Citywide · Winnipeg
#145,246 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

below average
187k
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideBottom 7%
Same street · Carlaw Avenue
#72 / 80
Bottom 10% · Avg 282.5k
Same area · Lord Roberts
#1,695 / 1,828
Bottom 7% · Avg 286.7k
Citywide · Winnipeg
#181,684 / 194,458
Bottom 7% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetTop 49%Same areaBottom 46%CitywideBottom 10%

Lot Size

around average
2,499 sqft
0255075100
Same streetTop 31%Same areaBottom 32%CitywideBottom 4%

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

488 Carlaw Avenue — 24 amenities found within 500 m, across 6 categories, including 8 dining (nearest 141 m), 3 education (nearest 250 m), 2 shopping (nearest 346 m).

Search radius
🍽️Dining8
🏫Education3
🛒Shopping2
🌳Parks4
💪Sports2
Worship5

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 12/2020CA$150k–200k
Sold price

Same street

Bottom 3%

Same area

Bottom 3%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 488 Carlaw Avenue, Winnipeg

Property Overview: 488 Carlaw Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a practical, no-frills property in Winnipeg's Lord Roberts neighbourhood. Built in 1913, its key characteristic is its modest scale, with a living area of 992 sqft situated on a 2,499 sqft lot—both figures are fairly typical for its immediate street and area. The standout data point is its notably low assessed value ($18.7k), which places it in the bottom 10% of homes on its street and in the wider city. This suggests it may be a candidate for significant updates or is valued as a land-holding opportunity relative to its neighbours.

Its appeal lies in its positioning as an entry point into an established neighbourhood. It suits buyers looking for a straightforward project home, an investor considering a hold-and-renovate strategy, or someone seeking a smaller footprint with lower property tax obligations. A less obvious perspective is that its "below average" metrics across the board could represent a blank canvas, free from the premium often attached to recently renovated homes in the area, allowing a new owner to add value according to their own vision and budget.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's current state as determined by the municipal assessor. A value this far below averages for the street, area, and city typically indicates a home that requires modernization or significant repairs compared to its peers.

2. What does the sold price range (CA$150k–200k in 2020) tell me?
This public data range shows the ballpark market value from its last sale. For the exact price to inform your offer or analysis, you must request it directly from the site via the provided email service.

3. Is the smaller lot size a disadvantage?
Not necessarily. While below the citywide average, the lot is consistent with the neighbourhood's character. A smaller lot can mean less exterior maintenance and lower costs, which can be an advantage for some buyers.

4. Who would this property not suit?
It would likely not suit buyers seeking a move-in-ready home without any project work, or those who prioritize above-average interior space and a large yard relative to the city.

5. How should I interpret the ranking data for "Year Built"?
The home is older (1913) than most citywide, but is around average for its historic neighbourhood. This means you should expect the potential charms and maintenance considerations common to houses of this era, but you won't be an outlier on the block.

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