Property Overview
105 Riverton Avenue is a well-situated, one-storey home in Winnipeg's Glenelm neighbourhood. Its primary appeal lies in offering above-average space and value within its immediate area, presenting a practical opportunity rather than a luxury purchase. The home features a renovated basement, a detached garage, and sits on a notably generous lot for the street.
Key Characteristics & Ideal Buyer
This 1956-built, 996 sqft home stands out in its local context. While its living space is average for Riverton Avenue, it boasts a land area in the top 12% of the street, providing valuable outdoor space or future expansion potential. Its assessed value ranks above average for the street, suggesting it is viewed as a solid asset in the area. The home is newer than most in Glenelm, offering a balance of established neighbourhood character with a relatively more modern structure.
The appeal here is grounded in value and practicality. It suits a first-time homebuyer or an investor looking for a manageable property in a stable area. The renovated basement adds functional living space, and the larger lot is a significant perk for gardening, pets, or simple privacy. It’s a home for someone who prioritizes neighbourhood feel and lot size over a large interior footprint, and who sees the value in a property that performs well against its direct neighbours.
Frequently Asked Questions
1. How does this home compare to others in the city?
City-wide, the home’s living area and assessed value are below average, which is typical for an older, central neighbourhood. This highlights that its value proposition is specifically strong within the Glenelm and Riverton Avenue context.
2. What does the "above average" assessed value for the street indicate?
It suggests the property is assessed more highly than most on Riverton Avenue. This can reflect the renovated basement, the larger lot size, or overall condition. It’s important to differentiate this from market value, which is determined by buyers.
3. Is the larger lot a major advantage?
Yes. With a lot size in the top 12% on the street, it offers more yard space than typical neighbouring properties. This is a permanent, valuable feature that provides more flexibility than a slightly larger interior.
4. The home was built in 1956 but is considered "newer" for Glenelm. What does this mean?
Glenelm has many heritage homes. A 1956 build is newer than the neighbourhood average (1925), which may mean fewer concerns associated with very old plumbing, wiring, or foundations, while still offering the mature neighbourhood aesthetic.
5. Where can I find the exact historical sold price?
The listing service provides sold price ranges based on public data. To obtain the exact sold price from the last transaction, you can request it via email through the provided button on the detail page. They provide this data manually without using your email for marketing.