Property Overview: 278 Benn Avenue, Winnipeg
Key Characteristics & Appeal
This home at 278 Benn Avenue in Riverbend presents a solid, middle-of-the-road offering in the Winnipeg market. Built in 2001, it is a newer construction compared to many city-wide properties, potentially meaning fewer major upkeep concerns in the near term. With 1,386 sqft of living space and an assessed value of $424k, it consistently ranks as "around average" for its size and value within its immediate neighborhood and the broader city. This consistency is its core characteristic: it’s a predictable, established option without extreme highs or lows in its metrics.
The appeal lies in its stability and relative modernity within a mature neighborhood. The lot size of 5,319 sqft is smaller than others on Benn Avenue but is typical for Riverbend, offering manageable outdoor maintenance. Recent sale history shows steady value appreciation, with the last sale in February 2023 in the $450k-$500k range, following a prior sale in 2020 for $350k-$400k.
This property would best suit pragmatic buyers—perhaps first-time homeowners or downsizers—who prioritize a move-in-ready home from the early 2000s in a settled area. It’s for those seeking a comfortable baseline rather than a standout fixer-upper or a premium estate. A thoughtful perspective is that its very "averageness" is a form of insulation from market volatility, offering a lower-risk entry into a desirable neighborhood like Riverbend.
Frequently Asked Questions
1. How does this home truly compare to its neighbors?
The data shows it is very typical for the Riverbend area in terms of size, value, and age. It is newer than many Winnipeg homes but has a smaller lot than other houses on Benn Avenue itself.
2. What does the sale history indicate about its value?
The home has sold twice in recent years (2020 and 2023), with the sold price range increasing significantly between those sales, suggesting strong appreciation in that period.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($424k) is a municipal figure for tax purposes. The last sold price range ($450k-$500k in 2023) is a more current market indicator, but for an exact historical price, you must request a manual lookup from the site.
4. What are the less obvious pros and cons of this property?
A less obvious pro is its newer construction year (2001), which may mean modern building standards and infrastructure. A con is that its lot is in the bottom third for size on its own street, which could limit expansion or outdoor space relative to direct neighbors.
5. How can I get verified, exact sold prices for this home?
This site does not display MLS data. To obtain the full transaction history and exact figures, you must email their team for a manual lookup, which they provide without using your email for marketing.