Property Overview: 323 Montgomery Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This home at 323 Montgomery Avenue presents a strong, above-average offering in Winnipeg's Riverview neighborhood. Its primary appeal lies in its generous proportions and established value. With 1,647 sqft of living space, the home is notably larger than most comparable properties on its street, in Riverview, and across the city. This size advantage is paired with a substantial lot of nearly 6,000 sqft, providing ample outdoor space.
The home’s assessed value of $474k consistently ranks in the top tiers of its immediate market, indicating it is perceived as a premium property within its peer group. Recent sale activity shows a solid and increasing value trajectory. Built in 1950, it is a relatively newer home within the historic Riverview area, which may appeal to those seeking classic neighborhood character with potentially fewer concerns related to very old infrastructure.
This property would best suit buyers looking for a spacious, established home in a prime inner-city neighborhood. It’s ideal for someone who values above-average room sizes and lot dimensions and is comfortable with a home that commands a value premium on its block. It represents a move-in-ready option within its vintage, avoiding the extremes of both century-old upkeep and brand-new construction.
Frequently Asked Questions
1. How does this home’s size truly compare to its neighbors?
The living area is a standout feature. It ranks in the top 15% on Montgomery Avenue itself and top 19% in Riverview, meaning it offers more interior space than the vast majority of direct comparable homes.
2. What does the assessed value ranking tell me?
Ranking in the top 13% on its street for assessed value means this property is officially valued higher than most homes around it. This often correlates with better finishes, condition, or desirability, and it establishes a strong baseline for property taxes and market price.
3. The home sold recently in early 2025. What can we infer from that sale?
The sold price range placed it in the top 10-15% of area sales, confirming its premium market position. The increase from its 2023 sale price also suggests a strong appreciation trend in a short period.
4. Is the 1950 build year an advantage or disadvantage?
In Riverview, where many homes are from the early 1900s, a 1950 build is actually above average (top 25% in the neighborhood). This could mean updates to core systems like wiring or plumbing are more recent than in older area homes, though specific interior condition would need verification.
5. How can I get the exact sale price instead of a range?
The site notes that due to data source rules, exact sold prices are not displayed publicly. You must request them directly via email from the service, which provides a manual lookup without using your information for marketing.