Property Overview: 99 Ashland Avenue, Riverview, Winnipeg
Key Characteristics & Buyer Appeal
This 1949 home in Riverview presents a classic Winnipeg character property with a practical balance of space and value. At 940 sqft, the living area is notably compact, ranking below average for its street, neighborhood, and city. This positions it as a manageable, low-maintenance footprint. Its primary appeal lies in its generous 6,397 sqft lot, which is above average for Riverview and the city, offering significant outdoor potential. The home’s assessed value of $405K is firmly around the average for comparable properties across all levels, suggesting a stable, market-aligned price point without a premium for size.
The property would suit a first-time buyer, downsizer, or investor seeking a character home on a substantial lot without the upkeep of a larger interior. Its above-average lot size for the area is a key asset for those valuing garden space, expansion potential, or simply more privacy than typically found. A thoughtful perspective is that its compact interior, while a limitation for some, translates to lower utility costs and less space to furnish and maintain, aligning with a simpler, more efficient lifestyle. Its 1949 build date is newer than most on its street, potentially indicating updates or a slightly more modern construction than immediate neighbors.
Frequently Asked Questions
1. How does the home’s smaller living area impact its value?
The below-average square footage is reflected in its assessed and likely market value, which aligns with area averages. The value proposition shifts from interior space to the land itself, making it a lot-value play rather than a square-footage one.
2. What does the lot size mean for potential buyers?
The lot is significantly larger than the Riverview neighborhood average. This is the property’s standout feature, offering room for gardening, recreation, adding a garage or workshop, or future expansion (subject to zoning and permits).
3. Is the sold price history available?
The property sold in September 2022 for an estimated range of $450K-$500K. For fully verified and exact historical sold prices, you must request a manual lookup via email, as this site does not display MLS data.
4. How does the property compare to its immediate neighbors?
It sits on a street of primarily older, larger homes (average year built 1939, average living area 1,388 sqft). This makes it a relatively newer but more compact home on the block, offering a different profile than the street’s typical inventory.
5. What is the likely condition given its age?
Built in 1949, prospective buyers should budget for updates and maintenance consistent with a home of this era. Its newer build date compared to the street average may suggest some updates have been made, but a thorough inspection is essential.