Property Overview: 1255 Riddle Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its generous proportions and mature character. Its primary appeal lies in offering above-average interior and land space for the local area, positioned within a modest assessed value range.
Key Characteristics:
- Spacious Footprint: With 1,770 sqft of living area, the home is notably larger than most in the immediate neighbourhood (top 25% on its street) and the wider Minto area (top 4%). This is complemented by a sizable 5,587 sqft lot, which is among the largest in the local area (top 2% in Minto).
- Historic Foundation: Built in 1911, this is an older property, even compared to other homes in its historic neighbourhood. This suggests classic architecture and potential for character details, but also implies a buyer should be prepared for the maintenance and update needs typical of a century-old home.
- Value Positioning: The assessed value is modest relative to the city-wide average, but is above average for the Minto area. This indicates the home may offer more square footage per dollar within its specific community compared to the broader Winnipeg market.
Ideal Buyer Profile:
This property would suit a pragmatic buyer looking for space and land in a established neighbourhood. It’s a strong match for someone who values room to grow or garden more than modern finishes, and who is comfortable with—or actively seeking—a project home with history. It may appeal to those prioritizing lot size and interior space over a newer build, seeing the older vintage as a trade-off for affordability and charm.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for living area in Minto mean?
It means this home's interior square footage is in the top 4% of all 2,063 comparable properties in the Minto neighbourhood. Simply put, it offers significantly more living space than most homes in the immediate area.
2. The home is older than most. What should I consider?
While it offers character, a 1911 build date means essential systems (like plumbing, electrical, heating, and the foundation) may require inspection and potential updating. The appeal is for buyers who see value in the space and lot, and who have a budget or vision for thoughtful renovations.
3. How can the assessed value be below the city-wide average but above average for Minto?
Assessed values are relative. The average home in Winnipeg has a higher assessed value than this one. However, within the Minto neighbourhood specifically, this home's assessment is above the local average, indicating it is considered a higher-value property within that community context.
4. The last sold price range (2021) is listed, but how do I get the exact price?
The exact sale price is not publicly displayed due to data sourcing. You can request it by email via the button on the property page. The service is manual but straightforward, with no marketing spam attached.
5. The lot is large for the area, but only average city-wide. Why?
This highlights a neighbourhood difference. Lot sizes in older, central neighbourhoods like Minto are often smaller than the newer suburban average for Winnipeg. A lot of this size is a standout feature locally, offering rare outdoor space for the area, even if it doesn't match the scale of suburban plots.