Property Overview: 156 Arden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 156 Arden Avenue in the Pulberry neighborhood stands out for its modern foundation within an established area. Built in 1999, it is notably newer than most homes on its street and in the wider community, where average build dates are in the 1960s. This suggests potentially lower maintenance needs and more contemporary building standards.
The property’s assessed value of $480k is consistently above average at the street, neighborhood, and city-wide levels, indicating recognized value. With 1,269 sqft of living space and a 6,772 sqft lot, the home offers comfortable, average-sized interiors on a private, above-average sized yard for the city.
Its appeal lies in this balance: it provides the modern convenience of a late-90s build without sacrificing the generous lot sizes typical of older Winnipeg neighborhoods. It would suit buyers looking for a move-in-ready home in a mature area who want to avoid the extensive renovation projects often associated with older properties. The data suggests it’s a premium offering on its street, ideal for someone valuing relative newness and space.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $550k-$600k in February 2024, which was significantly above its $480k assessed value and placed it in the top 3% of sales on its street. This indicates strong market demand and that buyers placed a premium on its characteristics.
2. What does the "newer" build year practically mean for a buyer?
While a 1999 build is modern compared to its neighbors, it is now 25+ years old. Key components like the roof, major appliances, and HVAC system may be nearing or past their typical lifespans, so a thorough inspection is still crucial.
3. Is the living space smaller than similar homes?
The living area is slightly below the neighborhood and city averages. However, the lot size is larger than the city average. This highlights a trade-off: you may get more outdoor space but slightly less indoor square footage compared to some peers.
4. How reliable is the sold price data shown?
The provided sold price is a range based on public records, not the MLS. For exact, verified figures, you must request a manual lookup from the site, which they provide via email.
5. What is the immediate neighborhood like?
The "Nearby properties" list shows close neighbors with a wide range of assessed values and sizes, from a much larger, higher-value home on Harry Wyatt Place to more modest bungalows on St. Michael Road. This suggests a varied, non-uniform streetscape.