38 Arden Avenue

Property Overview: 38 Arden Avenue, Winnipeg

Key Characteristics & Appeal

This 1962-built home in Pulberry presents a compelling case for buyers who prioritize land over living space. Its primary standout feature is the generous 9,637 sqft lot, which ranks in the top 10-12% locally and top 7% city-wide. This offers significant potential for gardening, expansion, or simply enjoying more private outdoor space than is typical for the area.

The 1,039 sqft living area is modest, ranking below the local averages for both the street and neighborhood, but aligns more closely with the Winnipeg average. This suggests a home that is efficient and manageable, potentially well-suited for smaller households or those looking to minimize maintenance. The assessed value of $417k is above average for Arden Avenue and aligns with broader city and neighborhood benchmarks, indicating the property is valued consistently with its core attributes.

Its appeal lies in this land-to-living-area ratio. It suits a practical buyer who sees value in a larger parcel and is comfortable with a cozier interior footprint, possibly a first-time buyer looking for a starter home with room to grow outdoors, or a downsizer seeking less indoor upkeep without sacrificing yard space. The home’s age is typical for the area, so a buyer should be prepared for the updates or maintenance common to houses from this era.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold in June 2022 for a price reported between $400k and $450k. The current assessed value is $417k, which falls within that range, suggesting the assessment is in line with its recent market transaction.

2. Is the house smaller than others nearby?
Yes. At 1,039 sqft, the living area is below the average for both Arden Avenue (1,268 sqft) and the wider Pulberry neighborhood (1,320 sqft). However, it is close to the city-wide average.

3. What is the main advantage of this property?
The lot size is its most distinguishing advantage. At over 9,600 sqft, the land area is significantly larger than most comparable properties on the street, in the neighborhood, and across Winnipeg.

4. Are the sold prices shown on this page exact?
No. For non-registered users, sold prices are shown in $50k bands. To receive the exact historical sold price figures via email, you can request a manual lookup through the site.

5. How does this property’s value compare to its neighbors?
Its assessed value ($417k) is above the street average ($392.8k) but slightly below the neighborhood average ($422.7k). This positions it as a higher-value home on its specific block, likely influenced by its larger lot, while being average for Pulberry overall.