Property Overview: 283 Mcivor Avenue, Winnipeg
Key Characteristics & Appeal
This 1976-built home in River East offers a practical and spacious living environment. Its primary strength is its generous 2,010 sqft living area, which ranks consistently in the top 11-12% compared to homes on its street, in the neighborhood, and across Winnipeg. This above-average interior space is housed on a more modest 6,004 sqft lot, which is smaller than most on Mcivor Avenue but is generally in line with neighborhood and city averages. The property’s assessed value of $444,000 sits above area and city benchmarks, reflecting its larger footprint.
The appeal lies in securing a home with significant interior room in a mature neighborhood, without the extensive yard maintenance that comes with a larger lot. It suits buyers who prioritize living space over land size—ideal for families needing room to grow indoors or those who prefer a simpler outdoor area. The data suggests a solid, established property that offers more house for the money compared to many peers, though the value is primarily in the built structure rather than the land.
Frequently Asked Questions
1. How does the lot size impact future potential?
While the lot is smaller than others on the street, it is around the Winnipeg average. This may limit expansion possibilities like large additions, but it also means lower maintenance and potentially lower property taxes tied to land value.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($444k) is for municipal tax purposes. Market conditions ultimately determine sale price. The home last sold between $350k-$400k in 2016, so the current assessment indicates significant appreciation, which a buyer should verify with recent comparable sales.
3. What does the "top 11%" living area ranking practically mean?
It means that out of 100 similar homes in Winnipeg, about 89 would have less living space. You are getting significantly more interior square footage than most homes in your comparison group, which is a key feature of this property.
4. The home was built in 1976. What should I consider?
This is the average build year for the street and area. Buyers should budget for updates common to homes of this era, such as windows, roofing, or mechanical systems, while also appreciating the established neighborhood character.
5. How can I verify the exact past sale price?
The site provides sold price ranges for non-members. To get the exact figure from the 2016 sale, you must request a manual lookup via email, as this data is not sourced from the MLS system.