Property score
55.5
Fair
Overall 55.5 · Newer than most nearby homes
962 sqft (bottom 41%) · Built in 1957 (24 yrs newer than avg)
Located in a above-average income area with median household income of ~78.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Above average
24 yrs newer than neighborhood avg.
Mother tongue
English · 69%Chinese · 5%
Past 10 years Lord Roberts sales snapshot (~80% of all data)
770
290k
$288/sqft
1933
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55.5 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: #46110448
$79K
Median household income
$88K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
41%
Single-person households
13%
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
525 Berwick Place — 15 amenities found within 500 m, across 5 categories, including 6 dining (nearest 338 m), 1 education (nearest 361 m), 1 healthcare (nearest 461 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 50% | Bottom 30% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 525 Berwick Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 525 Berwick Place in Lord Roberts presents a distinct profile defined by its contrasts. Its key characteristic is a very low municipal assessed value, placing it in the bottom 10% of the city, which suggests significant potential for property tax savings and a lower entry point for buyers. The living space (962 sq ft) is modest but typical for the immediate street and neighbourhood. Notably, the house was built in 1957, making it newer than many homes in the area, which could imply fewer immediate concerns with aging infrastructure compared to its older neighbours.
The appeal lies in its position as a potential value play in an established neighbourhood. It suits a pragmatic, value-conscious buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who is comfortable with a smaller lot size (one of the smallest on the street) and sees opportunity in the valuation gap. The buyer likely prioritizes location and fiscal efficiency over expansive outdoor space and is prepared to investigate the reasons behind the low assessment, which could range from property condition to specific market factors.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
A significantly lower assessment can be due to various factors, including the home's specific condition, layout, or features relative to neighbours. It's essential to view the property in person and consider a professional inspection to understand this fully.
2. What does the "below average" land area mean for me?
With a lot size ranking in the bottom percentile, outdoor space is very limited. This suits low-maintenance living but offers little room for expansion, large gardens, or extensive outdoor recreation.
3. The home is newer than many on the street. Is that an advantage?
Potentially, yes. A 1957 build may have undergone updates over the years and could have fewer inherent issues related to very old plumbing, wiring, or foundations common in pre-war homes, though its specific condition is key.
4. How reliable are the sold price ranges shown?
The provided ranges are based on public data, which can sometimes be incomplete or approximate. For precise historical sale prices to inform your offer, you must request the exact data via the provided email service.
5. Who would this property not suit?
It may not suit buyers seeking a large yard, those who equate assessed value with immediate equity, or families needing more interior space. The low assessment, while beneficial for taxes, often requires careful due diligence.
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