494 Walker Avenue

Lord Roberts, Winnipeg

Property score

57.8

Fair

Overall 57.8 · Compared with neighbourhood average

1,120 sqft (top 35%) · Built in 1912 (21 yrs older than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 15 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

21 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 3%

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

Sold Count

770

Median price

290k

$/sqft

$288/sqft

Avg build year

1933

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

57.8 is composed by the two sections below.

Property Score

45.9Low
Living Area1,120 sqft60Fair
Year Built191216Low
Lot Size2,206 sqft18Low
Neighbourhood Sales Activity80Good

Community Score

75.7Good
Household Income74Good
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health90Excellent

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: #46110460

Community deep dive

$74K

Median household income

$86K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

34%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)372
Labour force participation rate79%
Median age31.6
Avg household size2.1
Unemployment rate7%
Population density4650 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children20%
Median household income (2020)$74K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority23%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 82%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,120 sqft
0255075100
Same streetTop 26%Same areaTop 35%CitywideBottom 42%
Same street · Walker Avenue
#55 / 212
Top 26% · Avg 950 sqft
Same area · Lord Roberts
#642 / 1,828
Top 35% · Avg 1,071 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

below average
202k
0255075100
Same streetBottom 28%Same areaBottom 13%CitywideBottom 8%
Same street · Walker Avenue
#153 / 212
Bottom 28% · Avg 250.4k
Same area · Lord Roberts
#1,583 / 1,828
Bottom 13% · Avg 286.7k
Citywide · Winnipeg
#177,947 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetTop 49%Same areaBottom 42%CitywideBottom 8%

Lot Size

around average
2,206 sqft
0255075100
Same streetBottom 36%Same areaBottom 14%CitywideBottom 1%

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

494 Walker Avenue — 33 amenities found within 500 m, across 8 categories, including 15 dining (nearest 105 m), 2 education (nearest 156 m), 3 healthcare (nearest 66 m).

Search radius
🍽️Dining15
🏫Education2
🏥Healthcare3
🛒Shopping2
🌳Parks2
💪Sports2
Fuel Stations1
Worship6

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 11/2016CA$150k–200k
Sold price

Same street

Bottom 23%

Same area

Bottom 15%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 494 Walker Avenue, Winnipeg

Property Overview: 494 Walker Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic 1912 character property in the established Lord Roberts neighbourhood. Its key appeal lies in offering above-average interior space for the immediate area—its 1,120 sqft living area ranks in the top 26% on Walker Avenue—paired with a notably low municipal assessed value. This combination suggests a property that may offer more usable space than many nearby homes, while presenting a potentially lower property tax burden relative to the city average.

The lot is a manageable size for the neighbourhood, and the home’s age is typical for the street. Its value proposition is clear: it’s a home for buyers who prioritize interior space and character in a central location, and who are likely comfortable with the maintenance and updates that come with a century-old house. This property would suit a first-time buyer or an investor looking for a character home with a solid footprint, where the value may be more in the structure and location than in the land size or recent assessments. A thoughtful perspective is that while its city-wide rankings for value and land size are low, this primarily reflects its position against newer suburban homes on larger lots; within its own historic neighbourhood context, it holds a more competitive stance for living space.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Municipal assessments are not market valuations. A low assessment often reflects the age of the home, its specific attributes, and comparable sales in its area, and can result in lower property taxes—a key ongoing cost savings for the owner.

2. What does the "above average" living area ranking mean for this home?
On Walker Avenue and in Lord Roberts, this home has more interior square footage than many of its direct peers. For a 1912 home, this suggests a potentially more generous layout than other houses from the same era in the vicinity.

3. Are there recent comparable sales for this property?
The listed nearby property at 485 Walker Avenue (sold 2016) provides a general historical benchmark. For precise, recent sale prices of this and comparable homes, you must request the exact data via the email service provided, as this information is not publicly disclosed in detail.

4. What should I consider about a home built in 1912?
While offering classic charm, a home of this age will likely have undergone various updates. A thorough inspection is essential to understand the condition of major systems (wiring, plumbing, roof, foundation) and to budget for any necessary modernizations or maintenance.

5. How does the lot size compare?
At 2,206 sqft, the lot is slightly below the average for the Lord Roberts neighbourhood but is a fairly standard size for the street itself. It provides a typical urban yard for the area, not an expansive green space.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.