339 Maplewood Avenue

Property Overview: 339 Maplewood Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, land, and value within Winnipeg's Riverview neighborhood. Its primary appeal lies in its generous proportions. With over 3,300 square feet of living area, it ranks in the top 1% of homes in the neighborhood and city for size, offering rare interior space for the area. This is complemented by a large, above-average lot of nearly 6,400 square feet, providing ample outdoor potential.

Built in 1911, the property is notably older than most in the city, suggesting classic character but also implying a need for a buyer comfortable with the maintenance and potential updates of a century-old home. Interestingly, while the house itself is exceptionally large, its assessed value is around the local and city averages. This creates a distinctive value proposition: significant square footage and land at a price point aligned with much smaller, more average properties.

It would suit buyers prioritizing space—such as multi-generational families or those needing home offices and extensive living areas—over modern construction. It’s ideal for someone seeking a project-in-scale, who values the potential of a large lot for gardens, additions, or outdoor living, and is savvy about the balance between a character home's charm and its practical considerations.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of approximately $367k is a municipal benchmark for taxation. Market conditions, the home's specific condition, and its unique size can cause the final sale price to differ. Recent sold data for the area suggests a range, but for precise, verified historical sale figures, a manual lookup is required.

2. What are the implications of the home being built in 1911?
This indicates a character home with potential for original architectural details. Buyers should budget for thorough inspections focusing on foundational, electrical, plumbing, and insulation systems common to homes of that era, and consider energy efficiency upgrades.

3. The living area is elite, but the value ranking is average. Why?
This discrepancy often reflects the offsetting factors of the home's age and potential renovation needs against its sheer size and land value. It suggests you are paying primarily for space and location, not for modern finishes or updated systems.

4. How does the lot size compare, and what are the possibilities?
The lot is significantly larger than the Riverview average. This allows for possibilities not found in tighter lots, such as expansive landscaping, adding a garage or workshop, or creating substantial outdoor entertainment spaces, while still complying with local zoning.

5. Where can I see verified past sale prices for this home?
Publicly sold price data is shown in ranges. To obtain fully verified and exact historical sale figures, you must request a manual lookup via email, as this information is not sourced from or displayed on the MLS system.