Property Overview: 14 Arden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 14 Arden Avenue in the Pulberry neighborhood presents a practical and straightforward opportunity. Built in 1964, it is actually newer than many homes on its street, offering a slight advantage in potential upkeep needs compared to immediate neighbors. With 1,105 sqft of living space, the house is of average size for the area, suitable for a small family, a couple, or a first-time buyer.
The primary appeal lies in its value positioning. The home's assessed value of $344k is notably below the averages for both Arden Avenue and the broader Pulberry neighborhood, while sitting close to the city-wide average. This suggests a potentially more accessible entry point into the area. Recent sales history indicates solid market activity. The lot, at 5,334 sqft, is smaller than most on the street, which could mean less maintenance but also less private outdoor space.
This property would best suit a value-conscious buyer looking for a home in established Pulberry without a premium price tag. It’s a candidate for someone comfortable with a home of average size on a smaller lot, who may prioritize the financial savings over having the largest property on the block. It could also appeal to an investor or homeowner with a vision for strategic updates, as the below-average assessment might allow for some investment while remaining aligned with neighborhood values.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value of $344k is a useful benchmark for municipal taxes, market conditions ultimately determine sale price. The home last sold between $350k-$400k in early 2023, which provides a more recent market reference point.
2. How does the smaller lot size impact the property?
The lot is smaller than most on Arden Avenue. This typically means less yard maintenance, but it may also limit expansion possibilities or the feel of outdoor privacy. It’s worth considering how you intend to use the outdoor space.
3. What does the "newer than street average" build year (1964) imply?
Being built four years after the street's average (1960) may indicate slightly newer construction materials and systems. However, as a home from the 1960s, a thorough inspection of the roof, wiring, plumbing, and foundation remains essential.
4. How does this home compare to others in Pulberry?
The data shows this home is average in size but below average in assessed value for the Pulberry neighborhood. This combination can signal a value opportunity, but it’s wise to research why the assessment is lower—it could relate to the lot size, specific condition, or features.
5. How can I get the exact historical sold prices for this home?
The site displays sold prices in broad bands. To obtain the exact figures, you must request a manual lookup via email from the service provider, as they do not publish MLS data directly.