Property Overview: 164 Clare Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1950-built home in Riverview presents a practical opportunity centered on value and location rather than size. At 884 square feet, the living space is notably below average for the street, neighborhood, and city, indicating a compact, efficient layout. Its primary appeal lies in its balanced assessment and established setting. With an assessed value of $390,000, it sits consistently around the average for its immediate area, suggesting a fair market entry point without the premium often attached to larger homes.
The lot size of approximately 6,000 square feet is typical for Riverview and offers decent outdoor space relative to the home's footprint. A thoughtful perspective is that this property, while smaller, is newer than many of its neighbors—its 1950 build date is above average for the street and area, potentially implying updates or systems younger than those in many pre-war homes nearby. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property in a mature neighborhood. Its recent sale history (2022 and 2019) within the $350k-$400k range confirms its position as a consistently transacting, mid-tier property in the market.
Frequently Asked Questions
1. Is the living area too small?
At 884 sq ft, the home is significantly smaller than the area averages (approx. 1,300 sq ft). It would suit those comfortable with a compact layout or looking for a lower-maintenance space, but may feel cramped for those needing multiple dedicated rooms or extensive storage.
2. How does the assessed value compare?
The $390,000 assessment is very close to the averages for Clare Avenue, Riverview, and Winnipeg as a whole. This indicates the property is priced consistently with the market, not as a discount nor a premium for its type and location.
3. What does the year built tell us?
Built in 1950, this home is newer than many on its street (avg. 1944) and in Riverview (avg. 1938). This could mean fewer issues associated with very old construction, though a specific inspection is still essential.
4. What is the land like?
The lot is just under 6,000 sq ft, which is slightly below average for the street but typical for the Riverview neighborhood. It provides a standard-sized yard for the area.
5. Where can I get exact past sale prices?
The site shows past sold prices in $50,000 bands (e.g., $350k-$400k). For precise figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.