Property Summary: 59 Arden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 59 Arden Avenue in the Pulberry neighborhood is a study in solid, middle-of-the-market value. Built in 1961, it offers 1,262 sqft of living space, which is very typical for its street and slightly above average for the immediate area. Its assessed value of $377k aligns closely with city-wide averages, suggesting a fairly priced entry point into the market.
The appeal here is one of predictability and stability rather than standout features. The home sits on a 5,656 sqft lot, which is notably smaller than most on its street and in Pulberry, but is close to the city average. This could mean less yard maintenance—a potential plus for busy professionals or downsizers—but may limit expansion possibilities. Its rankings consistently place it in the middle of the pack across nearly all metrics, indicating it’s a representative example of its locale. This makes it a straightforward property to evaluate without many surprises.
It would suit first-time buyers or pragmatic investors looking for a home that doesn’t carry a premium for size or condition, but also isn’t a distressed asset. It’s for someone who values a known quantity and a neighborhood-established character over a fixer-upper’s potential or a new build’s modern layout.
Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is below average for the street and neighborhood, it is near the city-wide average. This typically translates to less outdoor maintenance. However, it may also mean less privacy and limited potential for additions like a large deck or garage.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($377k) is for municipal tax purposes and is a historical snapshot. The provided sold price range from March 2022 ($350k-$400k) is a more direct market comparison, but both should be weighed against a current professional market evaluation.
3. What does the "around average" ranking across most categories mean for me?
It suggests this home is very typical for its area. You are unlikely to be overpaying for exceptional features, but you’re also not getting a bargain for a below-average condition. It indicates a stable, predictable investment within the community context.
4. The home was built in 1961. What should I anticipate?
Homes of this era may have original components nearing the end of their service life, such as the roof, windows, or major systems like plumbing and electrical. A thorough inspection is crucial to understand the condition and any upcoming capital costs.
5. How can I get the exact historical sold price for this home?
The site provides sold price ranges for non-members. To receive the exact sold price history, you must create an account and request the information via email. The data is manually verified and sent directly to you.