Property Overview: 35 Morley Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 900 sqft home, built in 1910, presents a practical opportunity in Winnipeg's Riverview neighborhood. Its primary appeal lies in its position as a competitively priced entry point into a well-established area. With an assessed value of $258k, it sits comfortably below neighborhood and city averages, offering relative affordability.
The home suits first-time buyers, downsizers, or investors seeking a lower-cost footprint in a central location. Its smaller living area and lot size (2,501 sqft) translate to lower maintenance and utility costs—a thoughtful trade-off for those prioritizing financial efficiency over space. While the house is older, its age is typical for the street, suggesting it fits the character of the area. The data indicates you are purchasing a home that is modest in scale for the city, but reasonably aligned with its immediate block, making it a sensible choice for value-conscious buyers comfortable with a character home.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($258k) is for municipal tax purposes. The last known sale was between $200k-$250k in late 2019. Market conditions and property updates since then will determine the final price, but the assessment suggests it remains valued below area averages.
2. How does the smaller lot size affect me?
At 2,501 sqft, the lot is smaller than many in Winnipeg but close to the street average. This means less yard maintenance but also limited space for expansions, large gardens, or detached structures. It's a manageable size for those not seeking extensive outdoor space.
3. The home is older—what should I consider?
Built in 1910, it is older than most city homes. This warrants a thorough inspection focusing on foundational integrity, wiring, plumbing, and insulation. However, its age is typical for Morley Avenue, and many homes of this era offer charm and durable construction.
4. How does this property compare to others on the street?
The data shows 35 Morley Avenue is quite average for its street in terms of assessed value, year built, and lot size. Its living area is somewhat smaller than the street average. This indicates you're buying a home that fits the local profile, not an outlier.
5. Can I get the exact historical sold prices?
The site provides sold price ranges for context. Due to industry rules, exact MLS sold figures are not displayed publicly. You can request the full transaction history and exact figures via email from the site provider for verified details.