Property Overview: 204-276 Murray Avenue, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,206 sqft property in Riverbend presents a compelling blend of modern convenience and solid value. Its key strength is its age: built in 2016, it is newer than 97% of comparable homes on its street and in the immediate neighborhood, suggesting less immediate need for major repairs or updates compared to older stock. While its size and assessed value (~$312k) are typical for Murray Avenue and Riverbend, they stand above the Winnipeg citywide average, positioning it as a competitively sized home in a desirable context.
The appeal lies in its move-in readiness and statistical positioning. It’s a home that doesn’t stand out drastically on its own block but offers a clear step up in space and modern construction when viewed against the broader city market. It would suit pragmatic buyers—perhaps first-time homeowners or downsizers—who prioritize a newer build to avoid the hidden costs of aging infrastructure, and who value being in a stable neighborhood where the property metrics are consistent with the local norm. A thoughtful perspective is that its "around average" standing on the street could be seen as a stability feature, offering less risk of over-improvement for the area while still providing the benefits of a contemporary build.
Frequently Asked Questions
1. How does this home really compare to others nearby?
Statistically, it’s very aligned with its immediate area. Its living area and assessed value are both near the median for Murray Avenue and Riverbend. Its most distinguishing feature is its year of construction, being among the newest on the block.
2. What does the sold price history indicate?
Records show it last sold in early 2016, within the $250k-$300k range. At that time, that price was above the 70th percentile for the street, area, and city, indicating it was a premium purchase when new. Its current assessed value reflects the appreciation since then.
3. Is the assessed value a reliable indicator of market price?
The assessed value is for municipal tax purposes and is a lagging indicator. While it places the home above the citywide average, a professional market evaluation is essential to determine its current fair market value, which can be influenced by factors like interior condition and current market trends.
4. What are the potential benefits of a 2016 build?
A home of this age likely has modern building codes, energy efficiency standards, and major systems (roof, HVAC, windows) that are still within their typical lifespan. This can translate to lower maintenance costs and utility bills in the near to medium term compared to much older homes.
5. How can I get verified sale history data for this property?
The provided data is from public sources. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry rules.