Property Overview: 140 Arden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 140 Arden Avenue in the Pulberry neighborhood is a study in solid, middle-of-the-road metrics, offering a practical entry point into the Winnipeg market. Built in 1963, it is actually slightly newer than many comparable homes on its own street. With 1,120 sqft of living space and a 6,045 sqft lot, its size is consistently "around average" when compared to the street, neighborhood, and city—neither a standout nor a drawback. Its assessed value of $401k aligns closely with local averages.
The appeal here is one of stability and predictability. The home doesn't top any charts, but it also doesn't fall into the bottom tiers, suggesting a well-established and consistent location. A thoughtful perspective is that its very averageness can be an asset; it represents a lower-risk purchase less susceptible to the volatility that can affect properties at extreme ends of a spectrum. The lot size is notably above the citywide average, offering a bit more outdoor space than many Winnipeg homes.
This property would suit first-time buyers or practical downsizers looking for a straightforward, no-surprises home in an established area. It’s for buyers who prioritize a sound, proportional investment over unique features or premium finishes, and who may see value in a home that leaves room for personal updates over time.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home sold in July 2024 for an estimated $400k–$450k. This sale price ranked in the top 29% of comparable sales on Arden Avenue, indicating it may have sold for a slight premium relative to its immediate neighbors, possibly due to condition, updates, or specific market timing.
2. Is the lot size a significant feature?
While the lot is slightly smaller than the average on Arden Avenue, it ranks above average compared to the entire city of Winnipeg. This means you’re getting more outdoor space than many city properties, but it’s not an unusually large lot for the immediate area.
3. What does the "around average" ranking for most metrics mean for me?
It signals a property that is fundamentally aligned with its surroundings. You are unlikely to be overpaying for exceptional features, but you also aren’t buying a property that is significantly lagging behind the neighborhood. It represents a market-standard purchase.
4. The home was built in 1963. What should I consider?
While the build year is newer than the street average, a home from this era will likely require scrutiny of its major systems (roof, wiring, plumbing, windows) and may have original features. Its "above average" rank for the street is a relative point; the key is the condition and updates of this specific house.
5. How can I get the exact sold price?
The site provides sold price ranges publicly. To obtain the exact sale figure, you must request it via email from the site administrators. They manually look up and provide this data, as they do not have access to or display official MLS sales records.