Property Overview: 333 Churchill Drive, Riverview, Winnipeg
Key Characteristics & Buyer Profile
This 1954 home in Riverview presents a balanced, mid-century offering with a clear value position. Its 1,265 sqft living space is average for the area, but the property stands out for its assessed value of $440k, which is notably above the Riverview and city-wide averages. This suggests the home may offer better finishes, condition, or updates than many neighborhood peers. The lot size of 4,863 sqft is smaller than most on Churchill Drive, resulting in lower maintenance but less private outdoor space.
The appeal lies in its established neighborhood setting and its position as a value-conscious entry into Riverview. For its assessed value, it offers more house than the typical Winnipeg or Riverview home, indicating potential for solid equity. It would suit practical buyers—perhaps young professionals or small families—who prioritize the interior condition and modernized features of a home over a large yard. It’s a sensible choice for someone looking for a move-in ready property in a mature area without paying a premium for the largest lot on the block.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value of $440k is above area averages, but the last known sale (2017) was in the $400k-$450k range. Market conditions and updates since then will determine the final price, but the assessment indicates a strong underlying value.
2. Is the smaller lot a significant drawback?
It depends on your priorities. The lot is smaller than most on the street, which means less yard work and potentially lower property taxes, but also less space for gardening, play, or expansion. For those who value low-maintenance living, it could be an advantage.
3. What does the 1954 build year mean for maintenance?
Built in 1954, this home is newer than many in Riverview (average 1938). While still 70 years old, it may have undergone fewer foundational or systemic updates than older homes, but prospective buyers should still budget for age-related repairs common to mid-century construction, such as plumbing or electrical updates.
4. How accurate is the sold price data provided?
The site uses publicly available data, not MLS records, and shows a price range. For fully verified, exact historical sale figures, you must request a manual lookup via email from the service.
5. How does this home rank for investment or resale?
Its above-average assessment for the neighborhood suggests it holds its value well within Riverview. The smaller lot may appeal to a specific buyer segment, but the home's apparent condition (inferred from its value ranking) is a positive factor for future resale.