Property Overview: 98 Arden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 98 Arden Avenue in the Pulberry neighborhood presents a practical opportunity. Built in 1964, it is newer than many homes on its street, which may suggest updated infrastructure or a more modern layout compared to immediate neighbors. With 1,040 sqft of living space and a 5,497 sqft lot, the property sits below the averages for both its street and neighborhood in terms of size, but aligns more closely with the Winnipeg city-wide average. This creates a specific dynamic: it offers a more manageable scale, potentially with lower maintenance, in an area where homes are typically larger.
The primary appeal lies in its value positioning. The home's assessed value of $333k is notably below the averages for both Arden Avenue and the broader Pulberry area, yet it is close to the city-wide average. This suggests an entry point into a neighborhood where property values are generally higher. It last sold between $250k-$300k in 2017, indicating a history of being a more affordable option.
This property would best suit first-time buyers or downsizers seeking neighborhood amenities and stability over sheer square footage. It’s for those who prioritize value and location, who are comfortable with a home that is functionally average in size city-wide but compact for its immediate area. A thoughtful perspective is that this could be a "neighborhood play"—a chance to own in Pulberry without the premium typically attached to its larger lots and homes, banking on the area's overall desirability to support value.
Section 2: Frequently Asked Questions
1. Is this a small house for the area?
Yes, relative to its immediate surroundings. Both the living area and lot size are below the averages for Arden Avenue and the Pulberry neighborhood. However, compared to all of Winnipeg, the home’s size is around average.
2. Why is the assessed value lower than the neighborhood average?
The assessed value of $333k is below the Pulberry average of ~$422k, which is likely influenced by the home's smaller size and lot dimensions compared to many area properties. It reflects a value assessment based on its specific characteristics.
3. What does the "newer than street average" year built mean?
Built in 1964, this home is newer than the 1960 average for Arden Avenue. This doesn't guarantee updates, but it may indicate relatively newer core components (like plumbing or electrical) compared to some direct neighbors.
4. How reliable is the sold price data shown?
The listed sale price from 2017 is a range based on public records. For fully verified and exact historical sale figures, you must request a manual lookup via the site's email service, as they do not display MLS data.
5. What are the comparable nearby properties like?
Nearby reference homes on streets like Bethune Way, St. Michael Road, and Parkville Bay vary in size, age, and value. They show that while 98 Arden Avenue is on the smaller and lower-valued end for Pulberry, it exists within a diverse mix of housing stock from the 1960s to 1990s.