Property Overview: 9-364 Ashland Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This 674 sqft property, built in 1913, presents a distinct value proposition within its immediate locale. Its key appeal lies in its strong standing relative to its own street—it ranks above average on Ashland Avenue for both size and assessed value—while being priced significantly below the broader Riverview neighborhood and Winnipeg city averages. This creates an opportunity for entry into a established area at a relatively accessible price point.
The home would suit first-time buyers, investors, or downsizers seeking a lower-cost foothold in a mature neighborhood without a large renovation project, as the home appears to be in liveable condition. A thoughtful perspective for potential buyers is to consider the trade-off: you gain affordability and a character home on a street of similar vintage, but you accept a smaller living space that is below the area norm. Its appeal is niche, targeting those who prioritize location and value over square footage and modern builds.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighborhood?
Based on assessed value, this property is priced well below the Riverview average, suggesting a lower entry cost. However, its living area is also notably smaller than typical for the area, so the value is relative to your space needs.
2. How does it compare to other homes on Ashland Avenue?
It ranks very well on its own street. It is one of the larger and more valuable homes among the 11 comparable properties on Ashland, and it shares the street's average year-built (1913).
3. What does the sold price history indicate?
Public records show it last sold between $150,000 and $200,000 in March 2019. For exact historical sold prices, a manual lookup through the site is required.
4. Is the house unusually old?
For Winnipeg city-wide, yes—it's older than about 97% of comparable homes. On its street and for its immediate area, however, its 1913 build date is typical, indicating a street with consistent, historic character.
5. What are the potential downsides of the below-average living area?
While affordable, the 674 sqft size is substantially smaller than both the Riverview and Winnipeg averages. Buyers should carefully consider if the layout and space meet their long-term needs, as expansion possibilities in a multi-unit building may be limited.