Property Overview: 3-364 Ashland Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This 674 sqft property at 3-364 Ashland Avenue is a study in contrasts, defined by its immediate context. Built in 1913, it is one of the older homes on its block, yet it sits above the street average for both living space and assessed value ($141k). This suggests a well-maintained or updated unit within its specific building or row. Its primary appeal is its position as a relatively spacious and valuable offering on Ashland Avenue itself, presenting an efficient, lower-cost entry point into the Riverview neighborhood.
The home suits practical, value-conscious buyers. It’s ideal for a first-time homeowner seeking character without the upkeep of a full house, or an investor looking for a stable rental property in a central area. A thoughtful perspective is that this property offers neighborhood proximity without the premium price tag of the larger, renovated single-family homes that define Riverview’s overall higher averages. You’re buying into the location more than the structure’s size, which is a strategic compromise for many.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the rest of Riverview?
Based on assessed value, this unit is significantly below the Riverview neighborhood average ($188k), but it's also considerably smaller than the area's typical home. The value is relative: you pay less because you get less space, but you gain the neighborhood location.
2. How does the living area compare to nearby homes?
At 674 sqft, it is larger than most comparable units on Ashland Avenue (avg. 570 sqft) but smaller than the typical Riverview home (avg. 816 sqft). It is a compact, efficient space.
3. What does the sold price history indicate?
Public records show it last sold between $150k-$200k in early 2017. This historical price aligns with its current above-street-average assessment, suggesting stable value within its immediate context.
4. Why is the assessed value so much lower than some nearby reference properties?
The reference properties listed (e.g., 305 Balfour Ave at $364k) are mostly larger, detached single-family homes. This unit is likely a condo, apartment, or smaller row house, a different property type that commands a lower value.
5. How can I get the exact past sold prices?
The site does not display MLS records. You must request exact figures via email from the provider for a manually compiled history.