Property Overview: 365 Maplewood Avenue, Riverview, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 365 Maplewood Avenue is a classic Riverview property that presents a balanced, grounded opportunity. Built in 1923, its 1,350 sqft living space is consistently "around average" when compared to the street, neighborhood, and city, suggesting a comfortable size that fits the area's norm. The current assessed value of $355k is also positioned around the local averages, indicating a fairly priced entry point into the mature Riverview community.
The standout feature is the lot. At 6,397 sqft, the land area ranks in the top 5% on Maplewood Avenue and well above neighborhood averages. This offers significant outdoor space—a relative rarity—that could be used for gardening, expansion, or simply enjoying a larger yard. The home last sold in 2019 for an estimated $300k-$350k, showing stable value.
This property would suit a practical buyer who values space and location over a turn-key modern home. It’s ideal for someone looking for a solid foundation in a well-established neighborhood, who sees potential in the generous lot and is comfortable with a home that may require updates reflective of its age. It’s less suited for those seeking a newer build or the largest interior square footage on the block.
Section 2: Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The data suggests it is competitively positioned. Its assessed value is below the street average ($411.6k), while it offers a larger-than-average lot. This could indicate a value proposition centered on land rather than a premium for the house itself.
2. What does the lot size ranking actually mean for me?
Ranking in the top 5% for lot size on Maplewood Avenue means you have one of the largest properties on the street. This provides more privacy, space for outdoor activities, and potential for future additions like a garage, workshop, or garden that many neighbors cannot accommodate.
3. The house was built in 1923. What should I consider?
While the structure is solid, a home from this era will likely have older systems (plumbing, electrical, insulation). A thorough inspection is crucial. However, its age is typical for Riverview, and the character and build quality of older homes are often major draws for the neighborhood.
4. How reliable are the sold price and assessment figures?
The sold price range is based on public data, not the MLS, and is presented as a band. The assessed value is for municipal tax purposes and may differ from market value. For verified, exact historical sale prices, you must request a manual lookup from the site via email.
5. The living area is described as "around average." Is that a disadvantage?
Not necessarily. It means the home’s size is typical and functional for the area, which can be an advantage for resale. The appeal here is balanced: you get a standard-sized home combined with an above-standard lot, offering a different kind of value than a maximized interior on a small plot.