Property Overview: 337 Churchill Drive, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,203 sqft bungalow, built in 1954, presents a solid, middle-ground opportunity in the established Riverview neighborhood. Its primary appeal lies in its positional value: while the home itself is of average size for the street, its assessed value of $474k sits significantly above the averages for both Riverview and Winnipeg as a whole. This suggests the property is in a desirable pocket of the neighborhood, likely benefiting from its specific location on Churchill Drive. The lot, at 6,267 sqft, is more generous than most in the city and neighborhood, though slightly smaller than others on its street, offering a balance of manageable upkeep and outdoor space.
The home would suit a buyer looking for a foothold in a mature area without the premium often attached to larger, renovated properties. It’s a candidate for those comfortable with a home that may require updates, as the value appears to be anchored more in its location and land than in a modernized living space. A thoughtful perspective is that this property represents the "bones" of a desirable location—it’s not the largest or newest on the block, but it holds a strong position within a well-regarded community, offering potential for customization.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is above the Riverview and Winnipeg averages, but around the average for Churchill Drive itself. This indicates you are paying for a specific, desirable street within the neighborhood.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is above average for the city, providing good outdoor space. However, it is below the average for Churchill Drive, so direct next-door neighbors may have significantly larger yards.
3. What might the sold price data from 2016 indicate?
The home sold for between $400k-$450k in 2016. The increase to its current assessed value of $474k reflects market appreciation over nearly a decade, consistent with trends in sought-after areas.
4. The home is described as “around average” in size. What does that mean practically?
With 1,203 sqft, it offers typical space for a bungalow of its era—adequate for a small family or couple, but likely with a classic, compartmentalized floor plan that may feel cozy rather than open-concept.
5. How can I get verified, exact historical sale prices?
The site does not display MLS records. You can request a manual lookup for exact figures by emailing them directly; they state this service is free and your email will not be used for marketing.