Property Overview: 479 Mcnaughton Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,102 sqft home, built in 1945 on a 5,998 sqft lot, presents a solid, middle-of-the-road offering in the Riverview neighbourhood. Its assessed value of $396k is notably above the average for its specific street, suggesting it may be viewed as a higher-quality home on Mcnaughton Avenue. While the living space is slightly more compact than many immediate neighbours, the lot size is generous for the area.
The appeal lies in its established location and practical footprint. It suits buyers looking for a character home in a mature neighbourhood without the premium often attached to larger or fully renovated properties. It represents a realistic entry point into the area, ideal for those who value outdoor space and a stable, assessed value that holds its own on the street. A thoughtful perspective is that this home may offer more manageable utility and maintenance costs compared to larger, newer builds, aligning with practical, long-term living.
Frequently Asked Questions
How does this home’s value compare to recent sales on the street?
It last sold between $350k-$400k in late 2020, a price that ranked in the top 46% for the street at that time. Its current assessed value remains competitive, sitting above the street's average.
Is the living area a drawback?
The home is cozier than many on its street, but it is very close to the neighbourhood and city averages. It’s a trade-off for a larger lot and may be perfectly sufficient for smaller households or those wanting less interior space to maintain.
What does the above-average assessed value on the street indicate?
It typically suggests the municipal assessment views the property’s condition, features, or lot more favourably than others on the block. This can be positive for equity but also means property taxes will likely be calculated from this relatively higher value.
How can I verify the exact past sale prices?
The site provides estimated price ranges. Due to industry rules, exact MLS sale figures are not published here. You can request the precise transaction history via email from the site’s team for verified details.
What are the neighbouring homes like?
Immediate neighbours on Mcnaughton Avenue are of similar vintage (1940s-1950s). Listing comparisons show a mix of slightly smaller and significantly larger homes, indicating a varied streetscape where this property sits in the middle in terms of size and value.