463 Montague Avenue

Property Overview

463 Montague Avenue is a well-established home in Winnipeg's Riverview neighborhood. Built in 1946, it offers 1,573 square feet of living space on a 6,000 square foot lot, with a current assessed value of $411,000.

Key Characteristics & Appeal

This home's primary appeal lies in its generous living space, which is notably above average for both its immediate street and the broader Riverview area. It offers more room than approximately 75-80% of comparable homes in the neighborhood, making it a spacious option in a mature community. The lot size is also solid for the area, providing good outdoor space.

The property sits in a comfortable middle ground in terms of value. Its assessment is very close to the neighborhood and city averages, suggesting it is priced consistently with the market rather than being an outlier. A less obvious point of consideration is its age; built in 1946, it is older than most homes on its street and in Winnipeg overall. This typically indicates classic construction and character, but buyers should be mindful of the potential for older infrastructure.

This home would best suit buyers looking for established neighborhood charm with ample interior space, who are comfortable with the realities and potential of a post-war home. It’s a practical choice for someone seeking a property that aligns with market norms in value, while getting more square footage than is typical for the area.

Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 1,573 sqft, the living area is significantly above the average for both Montague Avenue (1,272 sqft) and the Riverview neighborhood (1,306 sqft). It ranks in the top 22% of homes in the area for size.

2. Is the assessed value in line with the market?
Yes. The assessed value of $411,000 is very close to the neighborhood average of approximately $389,000 and the average for the street itself ($419,000). It represents a typical valuation for the area.

3. When was it last sold and for how much?
Public records indicate it was sold in November 2017. The exact sale price is not publicly displayed, but it fell within the range of $400,000 to $450,000.

4. What should I know about the age of the home?
The home was built in 1946. This makes it older than most houses on its street (where the average year built is 1949) and significantly older than the Winnipeg city average (1966). This often means charming architectural details but warrants a thorough inspection of major systems like plumbing, electrical, and the roof.

5. How can I get the exact historical sale prices?
The website does not display exact sold prices from the MLS. You can request a manual lookup by emailing them; they will provide the verified figures directly without using your email for marketing.