Property score
49.2
Below average
Overall 49.2 · Smaller but newer than most nearby homes
768 sqft (bottom 18%) · Built in 1951 (18 yrs newer than avg)
Located in a above-average income area with median household income of ~71.5k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 7 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 84%French · 2%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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49.2 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: #46110449
$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
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
488 Morley Avenue — 17 amenities found within 500 m, across 7 categories, including 7 dining (nearest 366 m), 1 education (nearest 385 m), 1 healthcare (nearest 418 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 | Top 44% | Top 48% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 488 Morley Avenue, Lord Roberts, Winnipeg
Key Characteristics & Buyer Profile
This home presents a distinct value proposition centered on its land. Built in 1951, the 768 sqft house is modest in size, ranking below average for living space both on its street and within the city. However, it sits on a 5,007 sqft lot, which is exceptionally large for the area—ranking in the top 1% on Morley Avenue. This creates a significant opportunity for expansion, gardening, or outdoor living that is rare in the neighbourhood.
The appeal lies in this land potential combined with a relatively modern build date for the street and an assessed value that is above average locally. It suits a practical buyer who sees beyond the current footprint—perhaps a first-time buyer or renovator looking for a "blank canvas" property with room to grow, or someone prioritizing private outdoor space over a large interior. It’s a strategic purchase for those valuing the lot over the structure, offering a chance to add value in a well-established area.
Frequently Asked Questions
1. Is the house too small for a family?
While the current living area is below the city average, the expansive lot provides clear potential to add an addition, making it a viable long-term family home for those with renovation plans.
2. Why is the assessed value above average on the street if the house is smaller?
The assessed value reflects both the structure and the land. The highly desirable, large lot size on Morley Avenue significantly contributes to the property's valuation.
3. What could I do with such a large lot?
Beyond gardening and outdoor recreation, the lot size is the key asset for future improvements. It comfortably allows for a home addition, a detached garage, or a spacious deck, subject to local zoning and permits.
4. How does the 2017 sale price relate to today's value?
The prior sale price (estimated between $250k-$300k in 2017) provides historical context, but current value is driven by today's market conditions, the above-average assessed value, and the unique lot size.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly posted online. You can request them via email from SaveOnHouse, which provides the information manually without using your email for unsolicited marketing.
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