Property Overview: 71 Morley Avenue, Riverview
Key Characteristics & Appeal
This 1928 home in Riverview is defined by its compact efficiency and its position in a mature, established neighborhood. At 712 square feet, its living space is notably smaller than most homes in the area and across Winnipeg, positioning it as an affordable entry point into a desirable community. Its assessed value of $213K is comfortably below neighborhood and city averages, reflecting its size.
The appeal lies in opportunity. For a first-time buyer, downsizer, or investor, it offers a chance to own a character home in a well-located neighborhood without the premium price tag of larger properties. The lot size is typical for the street but smaller than the Riverview average, suggesting a manageable outdoor space. A thoughtful perspective is that its older vintage (built in 1928, which is above average for the street) means it likely possesses classic charm but warrants a careful inspection for updates to major systems. It suits a practical buyer who values location over square footage and sees potential in a smaller footprint, whether as a cozy home or a strategic investment property.
Frequently Asked Questions
1. Is this a small house?
Yes. At 712 sq ft, it is significantly smaller than the average home in Riverview (~1,306 sq ft) and Winnipeg overall. It is a compact, character home.
2. How does the assessed value compare?
The $213K assessment is around the average for Morley Avenue but is well below the broader Riverview and Winnipeg averages, largely due to its smaller size.
3. What is the neighborhood like for a home of this size?
Riverview typically features larger homes. This property is an outlier in size, meaning you’re buying into a neighborhood with amenities and character that often commands higher prices, but in a more affordable, smaller package.
4. When was it last sold?
Public records indicate a sale between 2017 and 2025, within an approximate price band of $200K-$250K. For verified, exact historical sale figures, a manual records lookup is required.
5. What should I consider given its age?
Built in 1928, the home is older than most in Winnipeg. Prospective buyers should prioritize inspections for foundational integrity, roofing, plumbing, and electrical systems to understand any needed updates or maintenance.