Property Overview: 418 Brandon Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1927 home in Riverview presents a practical opportunity in a well-established neighborhood. At 1,034 sqft, its living space is typical for Brandon Avenue but is more compact compared to many homes in Riverview and Winnipeg overall. Its standout feature is the 3,300 sqft lot, which is notably larger than most on its street, offering valuable outdoor space or future expansion potential in a mature area.
The home’s primary appeal lies in its value positioning. With an assessed value of $253k, it sits below the neighborhood and city averages, suggesting a more accessible entry point into the Riverview area. This is a home that prioritizes location and lot size over interior square footage. It would suit first-time buyers or practical downsizers looking for a character home without a premium price tag, and who value a larger yard over a large floor plan. Its recent sale in late 2023 also indicates a modern transaction history in a stable market context.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is around average for Brandon Avenue but is below the broader Riverview and Winnipeg averages. This suggests it may offer a cost-effective way to enter this neighborhood.
2. Is the house unusually small?
Its living area is standard for its immediate street but is below the average for the Riverview neighborhood. Buyers should expect a more compact, efficient layout typical of its era rather than expansive rooms.
3. What does the lot size mean for me?
The lot is larger than most on the street. This could provide more private outdoor space, garden potential, or future flexibility (like an addition or garage) that neighboring properties might not have.
4. The home was built in 1927. What should I consider?
While older than the city average, it’s actually slightly newer than many homes on its street. Prospective buyers should budget for a thorough inspection to understand the condition of older mechanical systems, the foundation, and updates needed.
5. Where can I get verified sale price history?
The provided data is from public sources. For fully verified transaction figures and exact past sale prices, you must request a manual lookup from the site via email, as MLS data is not displayed here.