Property Overview: 210-276 Murray Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, low-maintenance property built in 2016, offering a practical entry point into Winnipeg’s Riverbend neighborhood. Its primary appeal lies in its contemporary construction, which stands out on its street and in the immediate area where most comparable homes are significantly older. With 887 square feet of living space and an assessed value of $230k, it presents as a compact and efficiently priced unit.
The home suits first-time buyers, downsizers, or investors seeking a newer build without the premium price tag of a detached house. Its value proposition is nuanced: while it ranks below average in both size and assessed value within its specific street and neighborhood, it sits around the citywide average. This suggests you are acquiring a modern property in a established area, but in a more modest configuration than the typical local home. A thoughtful perspective is that this represents an opportunity to own a "like-new" property with potentially lower immediate maintenance costs, while accepting that its footprint is cozy compared to neighbors. It’s ideal for someone who prioritizes modern systems and building standards over sheer space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Riverbend?
The assessed value of $230k is below the neighborhood average of approximately $305.7k for comparable properties. This positions it as one of the more accessible price points in Riverbend, likely due to its smaller square footage.
2. Is the living space sufficient for a small family?
At 887 sq ft, the living area is below the local average. It would be most comfortable for individuals, couples, or perhaps a very small family comfortable with efficient, modern layouts. It ranks significantly higher city-wide, indicating its size is more typical for Winnipeg overall.
3. What are the benefits of the 2016 build year?
A 2016 construction means modern building codes, newer major systems (like plumbing, electrical, and HVAC), and potentially better energy efficiency. This can translate to lower repair costs and utility bills in the near term compared to many older homes in the area.
4. What were the previous sold prices?
Public records indicate it sold in the $200k-$250k range in August 2023 and in the $150k-$200k range in February 2016. For verified, exact historical sold prices, you must request a manual lookup from the site via email.
5. Why is the city-wide ranking much better than the street ranking?
This highlights the character of the immediate area. Murray Avenue in Riverbend appears to consist of larger, higher-value homes on average. Compared to all of Winnipeg, however, this property’s size and value are much more typical, showing it’s a standard modern unit in a broader context.