Property Overview: 90 Arnold Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,141 sqft home, built in 1911, presents a classic Riverview character home with practical advantages. Its key appeal lies in its position as a relatively affordable entry point into the neighborhood, with an assessed value notably below area and city averages. The living space is on par with other homes on Arnold Avenue, and the lot size, while smaller than many in wider Riverview, is actually above average for its immediate street.
The property suits first-time buyers or investors seeking a foothold in an established neighborhood without the premium price tag of larger, newer homes. It also appeals to those who prefer a manageable lot size with less yard maintenance. A thoughtful perspective is that this home represents the "bones" of the area—it’s among the older homes on the street and in the city, offering authentic charm but also implying that a buyer’s value may come from thoughtful updates rather than move-in perfection. Its recent sale history suggests steady market interest.
Section 2: Frequently Asked Questions
1. How does the assessed value compare?
The home’s assessed value of $280k is around average for Arnold Avenue but sits below the broader Riverview and Winnipeg averages. This indicates a potentially more accessible price point within a desirable neighborhood.
2. What should I consider about the year it was built (1911)?
As one of the older homes on the street and in the city, prospective buyers should prioritize a thorough inspection. This age can mean charming original features, but also necessitates close attention to the condition of foundational systems like plumbing, electrical, and the roof.
3. Is the lot size a disadvantage?
The land area of 2,701 sqft is above average for Arnold Avenue itself. While it’s smaller than many lots in greater Riverview, this translates to less yard upkeep—which could be a benefit for those seeking a lower-maintenance property.
4. What does the sold price history show?
The home sold in March 2024 and previously in May 2019. The price bands indicate appreciation over that period. For exact historical sold prices, you can request the figures via email from the site.
5. How does the living space compare to nearby homes?
At 1,141 sqft, the living area is very close to the average for Arnold Avenue and is a practical, mid-sized footprint. It’s somewhat smaller than the neighborhood and city averages, aligning with the home’s overall position as a cozier, character-focused option.