Property Overview: 455 Mcnaughton Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1944-built home in Riverview presents a practical opportunity centered on value and location. At 924 sqft, its living space is notably compact, ranking below average for its street, neighborhood, and city. This smaller footprint is balanced by a near-average lot size of approximately 6,000 sqft, suggesting potential for outdoor space or expansion relative to the home's current scale.
The primary appeal lies in its financial positioning. With an assessed value of $333k, it sits below the average for Mcnaughton Avenue and Riverview, yet aligns closely with the wider Winnipeg average. This creates a scenario where you may be acquiring a competitively priced entry point into a well-established neighborhood. The home last sold between $300k-$350k in 2021, a price point that historically performed well relative to immediate area sales.
This property would best suit a first-time buyer, downsizer, or pragmatic investor seeking a lower-cost foothold in a mature area. Its value is less about the existing structure's size and more about the underlying land, the established community, and the financial accessibility it provides. It’s a “set-and-forget” type of purchase for someone comfortable with a cozy layout who prioritizes neighborhood character and lot potential over immediate square footage.
Frequently Asked Questions
1. Is the house too small?
At 924 sqft, it is smaller than most comparable homes in the area. This makes it efficient for individuals, couples, or small families but may feel cramped for those needing multiple dedicated rooms or ample storage. The lot size, however, is on par with neighbors.
2. How does the assessed value affect my property taxes?
A lower assessed value relative to the area average generally leads to proportionally lower property taxes. This is a key financial advantage of this listing, keeping ongoing ownership costs more manageable.
3. What does the sale history indicate?
The 2021 sale price range ($300k-$350k) placed this home in the top 50% for value in Riverview at that time. This suggests it has historically been perceived as a value-oriented purchase within the neighborhood.
4. Are the older home’s systems a concern?
Built in 1944, major components like the roof, plumbing, electrical, and foundation should be carefully inspected. While the age is typical for Riverview, the specific maintenance and upgrade history will be crucial.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed due to industry rules. They offer to provide verified figures via a manual email lookup upon request, which can be initiated through the provided button or form on the property page.