386 Brandon Avenue

Property Overview

This 1,300 sqft home at 386 Brandon Avenue in Winnipeg's Riverview neighbourhood presents a solid, character-filled option built in 1913. Its appeal is rooted in offering above-average space and value on its specific street, within a well-established area. The home sits on a 2,500 sqft lot and last sold in late 2024.

Key Characteristics & Ideal Buyer

The primary appeal of this property is its strong standing within its immediate locale. On Brandon Avenue itself, it ranks well above average for both living area and assessed value, meaning it offers more interior space than most neighbours at a value that has historically been favourable. This creates a scenario of getting a "larger home on the block" without a premium price tag. However, the context shifts when viewed more broadly: within the wider Riverview neighbourhood and across Winnipeg, the lot size is notably smaller than average, and the home is older than most comparables.

This profile suits a specific type of buyer: someone who values the charm and established streetscape of an older neighbourhood like Riverview and prioritizes interior space over expansive outdoor land. It would be a practical fit for a first-time buyer or a small household looking for a character home without the upkeep of a large yard. The data suggests it’s less suited for buyers whose main priority is a large, private lot or a newer build, as it trades those features for its above-average interior footprint on a desirable street.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $308k is above the average for Brandon Avenue itself, but below the average for the broader Riverview neighbourhood. This indicates it may offer good value on its specific street, while being priced accessibly within the larger, often more expensive, area.

2. Is the lot size a concern?
At 2,500 sqft, the lot is significantly smaller than the typical Riverview property. This means less private outdoor space and potentially less distance from neighbours. For those wanting a large garden or yard, it’s a compromise. For those seeking lower-maintenance outdoor space, it could be an advantage.

3. What does the sale history indicate?
The home sold in late 2024, following a previous sale in late 2020. This recent turnover suggests the property is in livable condition and appeals to the current market. The sold price range shows appreciation over that four-year period.

4. Are older homes like this more expensive to maintain?
Built in 1913, this home is older than most in Winnipeg. While it offers character, potential buyers should budget for updates to older systems (like plumbing or electrical) and consider the efficiency of original windows and insulation. A thorough inspection is essential.

5. How can I find out the exact past sale prices?
The provided data shows price ranges. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history via email from the site provider, who will manually look up and send the information.