Property Overview: 260 Mcivor Avenue, River East, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's River East neighborhood. Built in 1965, it offers 1,303 square feet of living space on a 6,597 square foot lot, placing it within a comfortable, average range for the city. Its assessed value of $350,000 is notably below the averages for both its immediate street and the broader River East area, suggesting a potentially accessible entry point into these locales.
The appeal lies in its position as a solid, mid-century home that appears competitively priced within its market. While the lot size is smaller than others on Mcivor Avenue, it remains above the citywide average, offering decent outdoor space without excessive maintenance. The home last sold between $250,000-$300,000 in 2017, indicating a history of being a value-oriented property. It would suit first-time buyers or practical downsizers looking for a foothold in a stable neighborhood without a premium price tag, and who are comfortable with a home that may benefit from updates. A thoughtful perspective is that its below-average assessment for the area could represent a relative value, but it also warrants a closer look at the property's condition and any factors contributing to that valuation.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
Based on assessed values, this home is ranked in the top 90% on its street, meaning its $350,000 assessment is lower than most neighbors (average $427,200). This could indicate a value opportunity, but it's essential to understand why—such as lot size, home condition, or specific features.
2. How does the lot size compare?
The lot is 6,597 sq ft, which is smaller than the large average lot on Mcivor Avenue but is slightly above the average lot size for the entire City of Winnipeg. It offers a manageable outdoor space.
3. When was it last sold and for how much?
It sold in December 2017. The precise sold price is not publicly displayed, but the data indicates it was in the CA$250,000–$300,000 range.
4. Is the living space smaller than similar homes?
At 1,303 sq ft, the living area is slightly below the River East neighborhood average but is very close to the overall Winnipeg average for comparable homes. It provides a standard amount of space for the city.
5. How can I get the exact historical sold prices?
The site notes that exact sold figures are not displayed publicly due to data source rules. You can request the exact sold price history by emailing them directly for a manual lookup, which they provide without using your email for marketing.