225 Clare Avenue

Property Overview: 225 Clare Avenue, Riverview, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 225 Clare Avenue is a well-sized, classic property in Winnipeg's Riverview neighborhood. Built in 1914, it is one of the older homes on its street, offering character and established charm. With 1,456 sqft of living space, it provides more room than most comparable homes in the immediate area and sits on a generous 6,390 sqft lot that is above average for both the street and the city.

Its primary appeal lies in its strong positional value within a desirable context. The assessed value of $430k ranks well above the averages for both Clare Avenue and the wider Riverview area, suggesting it is perceived as a premium property within its local market. This indicates a solid investment in a stable neighborhood. The home would suit buyers looking for a character property with ample indoor and outdoor space, who appreciate the established trees and larger lot sizes of an older community. It’s ideal for someone who values a home that stands out in its immediate surroundings for its size and lot, without necessarily needing the newest construction.

A thoughtful perspective: While its age means potential for heritage charm, it also places it in the older tier of area homes, so buyers should be prepared for the maintenance or updates that can come with a century-old structure. Its value ranking significantly higher than its age ranking suggests the market is rewarding its other attributes—like size and location—over its vintage.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,456 sqft, the living area is above average for both Clare Avenue and the Riverview neighborhood, placing it in the top 20-30% of comparable local homes.

2. What is the property’s assessed value, and how does it compare?
The assessed value is $430,000. This ranks above the local street and neighborhood averages (top 18-27%), indicating it is considered a higher-value home in this specific area.

3. When was the home built, and is that typical for the area?
It was built in 1914. This makes it older than most homes on Clare Avenue and in Riverview, where average build years are 1944 and 1938, respectively.

4. What was the recent sold price?
Public records indicate it sold between $400,000 and $450,000 in August 2023. Exact sale figures require a manual lookup request through the site.

5. How large is the lot?
The lot is 6,390 sqft, which is larger than most on the street and in the neighborhood, and also above the citywide average for comparable homes.