Property Summary: 114 Arden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 114 Arden Avenue in the Pulberry neighborhood presents a compelling mix of modern convenience within an established area. Its key appeal lies in its relative newness; built in 1997, it is significantly newer than most homes on its street and in the wider neighborhood, which typically date to the 1960s. This suggests updated building systems and potentially less immediate need for major renovations.
The 1,228 sqft living space is competitively sized, sitting close to the average for the street and area. However, the property truly stands out in its assessed value of $480k, which ranks well above average at every level—street, neighborhood, and city-wide. This indicates that official assessments recognize a premium quality or desirability factor here. The lot size of 5,955 sqft is slightly below the street average but is typical for Winnipeg overall, offering a manageable yard.
This property would suit buyers looking for a move-in-ready home in a mature neighborhood without the uncertainties of an older structure. It’s ideal for those who value modern infrastructure but still want the character and established greenery of an older community. A thoughtful perspective is that the above-average assessment, while a mark of quality, also sets a higher property tax baseline—a worthwhile trade-off for the right buyer seeking less maintenance.
Section 2: Frequently Asked Questions (FAQs)
1. How does the home’s age compare to its neighbors?
This home was built in 1997, making it notably newer than most in the area. It ranks in the top 5% for year built on Arden Avenue, where the average home was built around 1960.
2. Why is the assessed value higher than the area average?
The assessed value of $480k is above average for the street, neighborhood, and city. This typically reflects factors like the home’s newer construction, quality of finishes, and overall condition as recognized by municipal assessors.
3. What was the previous sale price?
The home sold between July 2017 for a price in the range of CA$350,000–$400,000. Exact historical sale prices can be provided upon request via the website’s manual lookup service.
4. Is the lot size a disadvantage?
The lot is 5,955 sqft, which is somewhat smaller than the specific street average but is very close to the Winnipeg citywide average. It offers a manageable outdoor space typical for the city, which may appeal to those seeking less yard maintenance.
5. How does the living space compare to nearby homes?
At 1,228 sqft, the living area is very close to the averages for Arden Avenue (1,268 sqft) and the Pulberry neighborhood (1,320 sqft), making it a comfortably sized home that fits the local standard.