551 Walker Avenue

Lord Roberts, Winnipeg

Property score

52.3

Fair

Overall 52.3 · Older than most nearby homes

936 sqft (bottom 36%) · Built in 1910 (23 yrs older than avg)

Located in a above-average income area with median household income of ~83k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 14 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 89%Tagalog · 2%

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

52.3 is composed by the two sections below.

Property Score

33.9Low
Living Area936 sqft42Low
Year Built191010Low
Lot Size2,207 sqft18Low
Neighbourhood Sales Activity80Good

Community Score

80.0Excellent
Household Income78Good
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110462

Community deep dive

$83K

Median household income

$91K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

31%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)413
Labour force participation rate72%
Median age36.4
Avg household size2.2
Unemployment rate4%
Population density5162 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households31%
Couple families with children26%
Median household income (2020)$83K

Housing

Renter households13%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority18%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
936 sqft
0255075100
Same streetTop 49%Same areaBottom 36%CitywideBottom 20%
Same street · Walker Avenue
#104 / 212
Top 49% · Avg 950 sqft
Same area · Lord Roberts
#1,164 / 1,828
Bottom 36% · Avg 1,071 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

below average
171k
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 5%
Same street · Walker Avenue
#203 / 212
Bottom 4% · Avg 250.4k
Same area · Lord Roberts
#1,781 / 1,828
Bottom 3% · Avg 286.7k
Citywide · Winnipeg
#184,986 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 21%Same areaBottom 20%CitywideBottom 6%

Lot Size

above average
2,207 sqft
0255075100
Same streetTop 29%Same areaBottom 22%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

551 Walker Avenue — 32 amenities found within 500 m, across 8 categories, including 14 dining (nearest 341 m), 2 education (nearest 287 m), 3 healthcare (nearest 283 m).

Search radius
🍽️Dining14
🏫Education2
🏥Healthcare3
🛒Shopping2
🌳Parks3
💪Sports2
Fuel Stations1
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 10/2020CA$150k–200k
Sold price

Same street

Bottom 15%

Same area

Bottom 11%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 551 Walker Avenue, Winnipeg

Property Overview: 551 Walker Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic Winnipeg character property, built in 1910, offering a blend of historic charm and practical potential. With 936 sqft of living space, it sits comfortably within the average range for the immediate Walker Avenue streetscape and the Lord Roberts neighbourhood. Its standout feature is a 2,207 sqft lot, which is notably larger than many of its direct neighbours, presenting a valuable canvas for gardening, outdoor living, or future expansion.

The primary appeal lies in its position as an accessible entry point into a well-established community. The significantly below-average assessed value, both locally and city-wide, indicates a property ripe for modernization, appealing to buyers looking to add value through renovations. It would suit a first-time buyer, an investor seeking a "live-in flip," or a practical-minded individual who values a larger lot over a recently updated interior. The charm of an older home and the opportunity to customize it to one's own taste are its key draws, balanced against the expected maintenance and update requirements of a 116-year-old structure.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value really mean?
It indicates the city's assessment for tax purposes is low relative to most homes. This often reflects the home's age and condition rather than its market potential, suggesting a buyer may pay less in property taxes but should budget for updates.

2. How significant is the larger lot size?
In an older neighbourhood where lots are often subdivided, a plot over 2,200 sqft provides a tangible advantage. It offers more private outdoor space and greater flexibility for additions, decks, or landscaping than is typical on the street.

3. What should I expect with a home built in 1910?
While full of character, you should proactively investigate the condition of foundational elements: the roof, wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of needed maintenance or modernization.

4. The sold price history shows a range from 2020. How useful is that?
It provides a historical benchmark, but market conditions have likely shifted. It's best used as a reference point for the home's previous sales cycle, not as a direct indicator of its current market value.

5. Who are the typical neighbours?
The listing shows nearby homes on Walker and Nassau Street, suggesting a mix of similar early-20th century houses. The consistent streetscape points to a long-established, stable residential area within Lord Roberts.

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.