Property Overview: 186 Arnold Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 2023-built home offers a distinctly modern living experience within the established Riverview neighborhood. Its primary appeal lies in its rarity as a new construction, standing out in an area predominantly composed of century-old homes. With 1,552 sqft of living space, it provides above-average roominess compared to most homes on its street, in Riverview, and across Winnipeg. This is complemented by a high assessed value of $540k, which ranks in the top 6% on Arnold Avenue, signaling a premium, well-appointed property.
The home is ideally suited for buyers seeking a move-in-ready, modern build without sacrificing the character and location of a mature neighborhood. It appeals to those who want to avoid the immediate maintenance or renovation projects typical of older houses. A thoughtful perspective is the trade-off: while you gain a new, efficient home, the land area is more compact than the neighborhood average, suggesting a focus on low-maintenance outdoor space rather than expansive grounds. This positions the property well for professionals, small families, or downsizers who value modern interiors and convenience over a large yard.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the property's new construction (2023), its above-average living area, and modern building standards, materials, and systems. It's compared functionally to similar-quality homes city-wide, not just by location, hence the premium over older homes on the same street.
2. What does the "Elite" ranking for year built mean?
It means this home is newer than 99% of comparable properties in Riverview and Winnipeg. On Arnold Avenue, where the average home was built in 1933, a 2023 build is exceptionally rare, offering contemporary design and likely greater energy efficiency.
3. The land size is noted as "Below Average." How significant is this?
The lot is typical for its specific street but smaller than many in the wider Riverview area, which features larger, older lots. This typically means a smaller yard. For some, this is a drawback; for others, it translates to less outdoor upkeep.
4. Can I see the exact historical sale price instead of the range?
The provided data shows a sale in January 2021 in the CA$100k-$150k range, which likely reflects the land value prior to construction. To obtain the exact, verified sale figures, you must request them directly via email from the source, as they do not publish MLS data.
5. What is the neighborhood context for this modern home?
You are buying into a street and area with deep history, characterized mostly by homes from the early 1900s. The nearby comparison to 212 Arnold Avenue (built 2019) suggests a minor trend of new infill development, but 186 Arnold Avenue remains a standout for its recent build date.