Property Overview: 90 Morley Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 90 Morley Avenue is a compact, post-war bungalow built in 1951, offering a more modern structure than many of its early 1900s neighbors in Riverview. With 715 square feet of living space, it is notably smaller than area averages, positioning it as an efficient, low-maintenance footprint. Its assessed value of $278,000 is very close to the street average but sits well below the broader neighborhood and city averages, suggesting a relatively accessible entry point into the Riverview area.
The appeal lies in this value proposition: it's a chance to own a home in a established, central neighborhood without the premium price tag of its larger counterparts. The lot size is standard for the street but modest for the area, emphasizing a manageable outdoor space. This property would suit first-time buyers, downsizers, or investors seeking a character-home location with a simpler, more modern structure to maintain or update. It represents a practical choice over grandeur, offering neighborhood benefits in a efficient package.
Section 2: Frequently Asked Questions
1. Is the price fair for the size?
Based on assessed value rankings, the price aligns with the street average but is below neighborhood averages. You are paying primarily for the location within Riverview, with the understanding that the living space is significantly smaller than typical area homes.
2. What does the sale history indicate?
The home sold in 2022 and 2019, each time within the $200k-$300k range. This suggests a stable, in-demand price bracket for the property type on this street.
3. How does the 1951 build year affect the home?
Being built in 1951 is newer than most homes on the street and in Riverview. This could mean fewer concerns with extremely aged foundations, wiring, or plumbing found in century-old homes, though updates may still be needed.
4. What are the implications of the smaller lot?
The lot is average for Morley Avenue but below the Riverview norm. This means lower maintenance and potentially lower property taxes tied to land value, but also limited space for expansions, large gardens, or additions.
5. 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 administrators for verified data.