Property Overview: 365 Churchill Drive, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,350 sqft bungalow, built in 1953 on a 7,209 sqft lot, presents a solid, middle-of-the-road home with one standout feature: its land. The living space is consistently average for its street, neighborhood, and city. Its assessed value of $488k is typical for Churchill Drive but is considered above average for both Riverview and Winnipeg overall, suggesting the address itself carries a premium.
The primary appeal lies in its generous lot, which ranks in the elite top 5% within Riverview. This offers significant outdoor space and potential not commonly found in the area. The home suits buyers seeking a established, character neighborhood who value a large yard for gardening, recreation, or future expansion over a brand-new build. It’s a practical choice for those comfortable with a home of vintage, where value is anchored more in location and land size than in modern square footage or finishes.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($488k) is a strong starting point. It's notably above the Riverview average, indicating the property is in a desirable pocket. However, the last known sale was between $400k-$450k in 2016, so market conditions and the home's current state will determine the final price.
2. How does the lot size compare to nearby properties?
The lot is a major asset. At 7,209 sqft, it is significantly larger than the Riverview average (~5,583 sqft) and ranks in the top 5% of the neighborhood, offering rare outdoor space.
3. What is the typical home like on this street?
Churchill Drive is consistent. This home is very representative, with a similar size, age, and value to its immediate neighbors. You are buying into a stable, uniform streetscape.
4. The home is older—what should I consider?
Built in 1953, it is newer than the average Riverview home (1938) but of a vintage where systems like plumbing, electrical, and the roof may need evaluation or updating. A thorough inspection is essential.
5. How can I find out the exact past sale prices?
The site provides estimated price ranges. Due to industry regulations, exact MLS sale figures are not published here. You can request the full, verified transaction history via email through the provided link on the property page.