Property Overview: 632 Jubilee Avenue, Lord Roberts, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 632 Jubilee Avenue presents a distinct profile defined by its generous lot and a practical, no-frills footprint. The standout feature is the land itself—at over 8,000 square feet, the lot size is exceptionally large for the Lord Roberts neighbourhood (ranking in the top 1%) and well above the city average. This offers significant outdoor space and potential not found in typical infill properties. The house, built in 1945, is more modern than many on its street but is compact at 790 sq ft, placing it below average for living area in all comparison tiers.

Its appeal lies in this land-to-structure ratio. It suits a buyer who values space and possibility over immediate move-in size. This could be an investor or homeowner looking for a long-term hold, with the option to expand, renovate, or simply enjoy a large private yard in a central location. The assessed value is steady and average for the street, suggesting the current price reflects the land asset more than the existing home. It’s less suited for those seeking a large, modern interior without renovation plans.

Section 2: Frequently Asked Questions

1. What does the lot size ranking actually mean for me?
Ranking in the top 1% for land area in Lord Roberts means this is one of the largest standard lots in the neighbourhood. This provides rare potential for additions, landscaping, gardens, or future redevelopment within zoning bylaws, offering a flexibility that most area properties do not.

2. The house is noted as "below average" in living area. How significant is this?
At 790 sq ft, the living space is modest. It is smaller than about 80-90% of comparison homes in the area and city. This indicates a home focused on essential rooms, likely with fewer or smaller bedrooms and living areas. Buyers should anticipate a cozy layout or factor in the cost of an addition to meet modern space expectations.

3. The home was last sold between 2017-2025. Why is the exact price not listed?
Exact sale prices are not always publicly available in Manitoba. The range provided is based on public data, and the listing service offers to provide the precise figure via a manual email request to ensure accuracy for serious buyers.

4. The assessed value seems low compared to the sold price range. Why?
Municipal assessed value for taxation purposes often lags behind market value and is calculated using a specific formula. A sold price significantly higher than the assessment typically reflects strong market demand for the property's specific attributes—in this case, likely the premium lot size.

5. What are the less obvious considerations with a property like this?
A home of this age on such a large lot requires a thoughtful inspection of foundation health, drainage, and servicing (water, sewer lines). The value is heavily tied to the land, so understanding local zoning rules for setbacks and permissible building size is crucial to realizing any future potential. The charm comes with the responsibility of managing an older structure and a sizable piece of land.