Property Overview: 433 Mcivor Avenue, Winnipeg
Key Characteristics & Appeal
This 1,493 sqft home, built in 1984, presents a solid, move-in-ready opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its balanced and above-average positioning across key metrics. The home is newer than most in the area, its assessed value sits comfortably above neighborhood and city averages, and the living space is consistently average-to-above when compared locally and city-wide. This suggests a well-maintained property in a stable setting.
A notable characteristic is the lot size. At 6,060 sqft, it is smaller than others on Mcivor Avenue but remains above the city average. This translates to less yard maintenance—a practical advantage for many—while still providing usable outdoor space. The home last sold in August 2022 for an estimated $450k-$500k, a price point that performed well against the market at the time.
This property would suit buyers seeking a pragmatic choice: those who want a home that requires no immediate major updates, offers modern conveniences by virtue of its age, and provides the stability of a neighborhood where its value stands strong. It’s an ideal fit for young families, professionals, or downsizers looking for a low-drama home in a well-established community.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the expected listing price?
While the assessed value of $452k is a strong data point and sits above area averages, market conditions ultimately determine the sale price. It serves as a useful benchmark, but a current market evaluation is essential.
2. The lot is smaller than others on the street. Is this a significant drawback?
This depends on your priorities. It means less private space than some neighbors but also significantly reduces landscaping upkeep. For buyers valuing low-maintenance living without sacrificing a yard entirely, this can be a thoughtful advantage.
3. How does the 1984 build year affect the home?
Being newer than most homes in River East and on its street is generally positive, suggesting potentially newer major systems (like plumbing or electrical) and less immediate need for big-ticket renovations compared to older stock.
4. What does the sold price data from 2022 tell me?
It shows the home was competitively priced within the top 20% of the market at that time, indicating a history of holding its value well. However, it does not predict future sale price.
5. Where can I get verified, exact sold price figures for this home?
The public data shows a range. For fully verified and exact historical sale prices, you must request a manual lookup from the site provider via email, as MLS data is not displayed here due to industry rules.