Property Overview: 391 Brandon Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,184 sqft home, built in 1912, presents a compelling blend of character and practicality in Winnipeg's Riverview neighborhood. Its primary appeal lies in its strong value proposition within its immediate locale. While the home's size, age, and lot (2,743 sqft) are modest compared to broader area averages, it stands out favorably on its own street. It boasts an above-average living area and an assessed value near the street's typical benchmark, suggesting it is a well-sized and appropriately valued offering for Brandon Avenue.
The property suits first-time buyers or practical investors seeking an entry into a established neighborhood without a premium price tag. It offers the charm of an older home and a relatively manageable lot size, which can mean lower maintenance. A thoughtful perspective is that its "below-average" valuation for the wider neighborhood and city isn't necessarily a drawback, but rather an indicator of its accessibility. It represents a chance to own a character home in a desirable area that may have been priced out in other streets, making it a strategic, value-conscious choice.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
The home's assessed value of $294,000 is around the average for Brandon Avenue but is below the average for the wider Riverview neighborhood and the city of Winnipeg. This indicates it may offer more space and value for your budget on this specific street compared to paying a premium for a similar home just a few blocks away.
2. What should I consider about a home built in 1912?
While full of character, a home of this age will likely have older systems (like plumbing and electrical) and require diligent maintenance. A thorough inspection is essential. However, its construction date is typical for the street, so local contractors may be familiar with the style and common issues.
3. The lot size seems smaller than others in Riverview. Is that a concern?
The lot is consistent with others on Brandon Avenue but is smaller than many in Riverview overall. This can be an advantage for those seeking lower yard maintenance. It may limit expansion possibilities but contributes to the home's affordability within the neighborhood.
4. Can I find out the exact past sale prices?
The site provides sold price ranges from 2016 and 2019. To receive the exact historical sale figures, you must request them via email from the service, as they are not sourced from the MLS and require a manual lookup.
5. How does the living space compare to nearby homes?
At 1,184 sqft, the living area is actually above average for Brandon Avenue, offering more interior space than many direct neighbors. It is close to the neighborhood average but slightly below the citywide average, providing a comfortable size for the area.