Property score
59.3
Fair
Overall 59.3 · Larger but older than most nearby homes
1,200 sqft (top 25%) · Built in 1910 (23 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
Above average
12% larger than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 82%French · 3%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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59.3 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: #46110460
$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
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
505 Walker Avenue — 33 amenities found within 500 m, across 8 categories, including 15 dining (nearest 165 m), 2 education (nearest 132 m), 3 healthcare (nearest 97 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 8% | Top 18% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 48% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 505 Walker Avenue, Lord Roberts, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 505 Walker Avenue is a study in contrasts, offering a compelling mix of established value and vintage character. Its key strength lies in its above-average living space (1,200 sq ft) for both the immediate street and the Lord Roberts neighbourhood, providing more room than many comparable local homes. This is paired with a notably high assessed value relative to its surroundings, suggesting it is a well-regarded property on its block. Built in 1910, the home carries the charm and potential complexities of its era, appealing to those who appreciate classic architecture and are prepared for the stewardship of an older house.
The appeal is grounded in location and value metrics. It sits on a standard city lot for the area and is part of a mature, established streetscape, as seen with its neighbouring homes. It would suit a practical buyer looking for a character home in a central neighbourhood, who values space and statistical outperformance of local averages over a modern build date or a large lot. A thoughtful perspective is that this property represents a "known quantity" within its community—its consistent value growth, evidenced by its sold price history, indicates a stable investment in a desirable inner-city enclave.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value ranking mean?
It means the municipal property assessment for 505 Walker Avenue is higher than most homes on its street and in Lord Roberts. This typically reflects the home's size, condition, and market position relative to its neighbours, but it is not a direct marker of current market price.
2. The house was built in 1910. What should I consider?
While offering classic charm, an older home like this requires careful attention to updates in major systems like wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition of the original features and any subsequent renovations.
3. How does the lot size compare?
The land area is approximately 2,206 sq ft, which is standard for the Walker Avenue streetscape but smaller than the broader city average. This means outdoor space is typical for the central neighbourhood, prioritizing a larger living area indoors over extensive yard space.
4. What is the context of the past sold prices shown?
The listed sold price ranges (e.g., CA$300k–350k in 2021) provide a benchmark for how the property's market value has trended over time. For the exact historical sale price, you can request the information via email from the listing source.
5. Who are the most logical neighbours to compare it to?
The most direct comparisons are the homes immediately adjacent on Walker Avenue (e.g., 485, 507 Walker Ave.), as they share the same streetscape, era, and lot characteristics. The "Similar Assessed Value" list shows homes across Winnipeg with identical municipal assessments, useful for understanding value but not necessarily neighbourhood specifics.
