Property Overview: 363 Baltimore Road, Riverview, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of generous space and established character. Its primary appeal lies in its above-average living area of 2,233 sq ft, which places it in the top tier for size both within the Riverview neighborhood and citywide. The lot size is also a significant asset, offering ample outdoor space that ranks well above local averages. Built in 1905, the property is one of the older homes in the area, suggesting classic architectural charm but also indicating a need for buyers to be mindful of potential updates. The assessed value is aligned with city and neighborhood averages, but the recent sold price suggests a strong market premium was paid for its specific combination of space and location.
This property would best suit buyers who prioritize interior and yard space over a modern build date. It’s ideal for those seeking a character home with room to grow or entertain, and who are prepared for the stewardship that comes with an older structure. The data indicates it appeals to buyers valuing lot size and square footage who are confident in the Riverview area, as evidenced by its sold price outperforming many value-based benchmarks.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
While its 1905 build date places it among the oldest in the area, this often translates to unique character and established neighborhoods. The sold price indicates buyers are willing to pay a premium for these features, but it also implies maintenance and modernization should be factored into budgeting.
2. The assessed value is around $400k, but it sold for significantly more. Why?
Assessed value is for municipal tax purposes and often lags behind the current market. The higher sold price reflects what buyers are currently willing to pay for this home's specific attributes—particularly its large living area and lot size—in today's market conditions.
3. Is the lot size a major advantage?
Yes. The land area is consistently above average across all comparison levels (street, neighborhood, city). In a mature neighborhood like Riverview, a lot of this size is a rare and valuable asset, offering greater privacy, outdoor space, and potential.
4. What does the living area ranking mean for me?
Ranking in the top 5% of the neighborhood for living area means this home offers substantially more interior space than most in Riverview. This is a key differentiator for families or those needing flexible room arrangements.
5. How can I get the exact sold price?
The site provides sold price ranges publicly. Due to data source rules, exact sold prices are not displayed automatically but can be requested directly from the site via email for verified figures.