Property Overview: 150 Arden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in the Pulberry neighborhood presents a solid, mid-century property built in 1961. With 1,217 sqft of living space, it sits comfortably around the average size for its street and area, offering a practical layout for everyday living. The lot size of 6,491 sqft is a notable feature, ranking above average city-wide and providing generous outdoor space relative to many Winnipeg homes.
The appeal lies in its established location and strong value positioning. The property’s assessed value of $428k is above average for its immediate street and neighborhood, suggesting it is viewed favorably within its local market context. Recent sale activity indicates strong demand, with the sold price ranking in the top 6% of comparable sales on Arden Avenue. This home suits buyers looking for a move-in ready property in a mature neighborhood without the premium of a new build. It’s ideal for first-time homeowners, small families, or downsizers who value a larger yard and a settled community over a brand-new construction. A thoughtful perspective is that its "around average" metrics across several categories signal a lower risk of overpaying for extreme features, representing a balanced and stable investment in a known quantity.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $428k is for municipal tax purposes. The recent sold price data, which ranked in the top percentiles for the area, indicates market value can be significantly higher, as seen with the last sale estimated between $450k-$500k.
2. What does the lot size mean for potential use?
At 6,491 sqft, the lot is larger than the city average. This allows more room for gardening, outdoor recreation, or potential future additions like a shed or deck, subject to local bylaws.
3. Is the living area sufficient for a growing family?
At 1,217 sqft, it is typical for the area. It likely offers 2-3 bedrooms and is comparable to many homes on the street. Buyers should verify the specific room count and layout to ensure it meets their needs.
4. The home was built in 1961. What should I consider?
While the building age is standard for the neighborhood, a home of this vintage may have original components, such as windows, plumbing, or electrical systems, that could require updating. A thorough inspection is recommended.
5. How can I get the exact historical sold prices?
The site provides sold price ranges. For fully verified, exact figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.