Property Overview: 415 Churchill Drive, Riverview, Winnipeg
Key Characteristics & Appeal
This home presents a compelling opportunity in Winnipeg's Riverview neighborhood, characterized by its above-average scale and premium positioning. The 2,103 sqft living area is notably larger than most comparable homes in the city, neighborhood, and on its own street, offering substantial interior space. Its standout feature is the 7,910 sqft lot, which ranks in the elite top 4% for Riverview, providing exceptional outdoor space that is rare for the area. With an assessed value of $655k, the property sits in the elite tier city-wide and in Riverview, reflecting its perceived premium. Built in 1952, it is a mature home typical for the street but newer than many in the established neighborhood.
The appeal lies in securing a property with metrics that outperform most of the market, particularly the generous lot size in a sought-after neighborhood. It suits buyers looking for a established, spacious home with significant outdoor potential—ideal for families, entertainers, or those valuing privacy and room to grow. It represents a move into a property with statistical advantages in scale and value, rather than a modern renovation project.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $655k is for municipal tax purposes and is a professional estimate of the property's market value at a specific point in time. It is a strong benchmark, but the final sale price is determined by current market conditions.
2. What does the lot size mean for potential expansion or renovation?
The lot is significantly larger than the neighborhood average, which not only provides more yard space but could also offer more flexibility for future additions, like an extension, garage, or outdoor living structures, subject to local zoning bylaws.
3. The home last sold in 2019 for between $600k-$650k. What does that indicate?
This recent sale history shows the property has been in a high-value bracket for several years. The current assessed value suggests stable or appreciating value in that time frame, but it's important to understand any changes made to the property since 2019.
4. Are there any concerns with a home built in 1952?
Homes from this era are common in Riverview and can be well-built, but potential buyers should budget for expected updates to major aging components like plumbing, electrical, windows, or the roof, and have a thorough inspection.
5. How can I get the exact historical sale prices for this property?
The provided data is based on public records. For fully verified and exact transaction figures, you must request a manual lookup from the site provider, who will email the official history directly.