Property Overview: 58 Arden Avenue, Winnipeg
Key Characteristics & Appeal
This 1,186 sqft home on a 6,169 sqft lot in Pulberry presents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1970, it is notably newer than many homes on its own street, offering potential advantages in terms of building materials and systems. The living space and assessed value (approximately $397k) are consistently "around average" when compared to the immediate street, the broader Pulberry neighborhood, and the city as a whole. This statistical consistency suggests a property that is well-aligned with its surroundings, minimizing the risk of being over-improved or under-improved for the area.
The appeal lies in its balance and stability. It suits a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who prioritizes a predictable, no-surprises entry into a mature neighborhood. The lot size is above average city-wide, offering more outdoor space than many Winnipeg properties, which is a less obvious perk for gardening, recreation, or future expansion. Its recent sale in mid-2024 within the $400k-$450k range indicates a transaction in line with current market conditions, providing a clear, recent benchmark for value.
Frequently Asked Questions
1. Is this house a good value compared to its neighbors?
The data suggests it is very typical. Its assessed value, living area, and lot size all rank close to the median for Arden Avenue and the Pulberry area, indicating it is priced in line with the local market rather than standing out as a bargain or an overpay.
2. What are the advantages of it being built in 1970?
Being newer than the street average (1960) could mean fewer issues with aging components like wiring or plumbing found in older homes, and it may feature slightly more modern layouts. However, a 54-year-old home will still require a thorough inspection for its specific condition.
3. How does the lot size compare?
At over 6,000 sqft, the lot is larger than the average Winnipeg lot. This is a relative strength, providing more private outdoor space. On Arden Avenue itself, however, the lot is slightly smaller than the street average.
4. What can the recent sale price tell me?
The home sold in July 2024 for between $400,000 and $450,000. This provides a very recent, real-world price point that is consistent with its assessed value, confirming its market position. For an exact sale price, a manual lookup from the data provider is required.
5. Who would this property suit best?
It best suits a value-conscious buyer seeking an established neighborhood without extreme peaks or valleys in its metrics. It’s a pragmatic choice for someone who views a home as a comfortable living space and a stable asset, rather than a standout project or a premium luxury purchase.