Property Overview: 327 Ashland Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This 1925-built home in Riverview presents a classic Winnipeg character property on a generous lot. At 952 sqft, the living space is notably compact compared to area averages, suggesting a cozy, efficient layout. Its primary appeal lies in its desirable lot size of 6,397 sqft, which ranks above average for the neighborhood and offers significant outdoor space or future expansion potential rare for the area. With an assessed value of $379k that aligns closely with neighborhood and city averages, it represents a competitively priced entry into a mature community.
The property would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing yard space. It’s also a candidate for value-conscious investors or renovators attracted by the lot size and the possibility of updating a well-located, historic home. A less obvious perspective is that its smaller interior, while below average in size, may translate to lower utility costs and a simpler lifestyle, which can be a specific draw. Its recent sale in late 2021 within the $300k-$350k range provides a tangible benchmark for market value.
Section 2: Frequently Asked Questions
1. How does the home’s size compare practically?
At 952 sqft, the living area is smaller than most homes on the street and in Winnipeg overall. This indicates a efficient, likely 1 or 1.5-story layout, ideal for those wanting minimal indoor upkeep but comfortable with a classic floor plan.
2. Is the assessed value a reliable indicator of the likely selling price?
The $379k assessment is very close to the neighborhood ($389.3k) and city ($390.1k) averages, suggesting it’s valued in line with the market. The home sold for between $300k and $350k in late 2021, which should be considered as a more recent market data point.
3. What is the significance of the large lot size?
The 6,397 sqft lot is a standout feature, ranking above the Riverview average. This offers more private outdoor space than many neighboring properties and could provide future potential for additions, a garden, or other outdoor amenities.
4. What can the "Year Built" data tell me?
Built in 1925, the home is older than most on its street and in Winnipeg. Buyers should anticipate character features but also factor in the potential for aging components (roof, wiring, plumbing) that may need attention or updating.
5. Where can I find verified historical sale prices?
The provided sale data is from public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the website via email, as industry rules prevent the direct display of MLS sold records here.