Property Overview: 407 Brandon Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft home, built in 1912, presents a classic Riverview character home on a 2,745 sqft lot. Its core appeal lies in its strong positioning within its immediate locale. The living space is notably above average for Brandon Avenue itself, offering more room than most direct neighbors. With an assessed value of $288k, it sits close to the street's average, suggesting it is priced appropriately within its most relevant peer group.
However, the property offers a distinct value perspective when viewed in a wider context. Its assessed value is significantly below the averages for both the broader Riverview neighborhood and Winnipeg as a whole. This creates a potential entry point into a desirable area at a value-tier price, which is its most compelling angle. The home would suit a first-time buyer or pragmatic investor looking for character in an established neighborhood without paying the typical area premium. It's also a candidate for those who prioritize location over lot size, as the yard is more compact compared to many area homes.
Frequently Asked Questions
1. How does this home’s value compare to others in Riverview?
The home’s assessed value is below the neighborhood average. This indicates it may offer a more affordable pathway into Riverview compared to many other properties in the area.
2. Is the living space typical for the area?
The living area is above average for Brandon Avenue itself, but closer to the average when looking at the entire city. You are getting a home with more space than most on its own street.
3. What should I know about the lot size?
The lot is under 3,000 sqft, which is common on this street but below the much larger average lot size for Riverview overall. This means smaller outdoor space but potentially less maintenance.
4. How can I find out the exact past sale prices?
The site provides sold price ranges. For fully verified, exact historical sale figures, you must request them directly via email, as this information is not sourced from the MLS.
5. The home was built in 1912. What does that mean for me?
It places the home among the older properties on its street and in the city. This typically suggests classic construction and character, but a thorough inspection is advised to understand the condition of older mechanical systems, wiring, and plumbing.