Property Overview: 399 Brandon Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft home, built in 1912, presents a compelling blend of character and practicality in the established Riverview neighborhood. Its primary appeal lies in its strong positioning within its immediate context. The living area is notably above average for Brandon Avenue, offering more interior space than most direct neighbors, while its assessed value of $319k is also above the street average, suggesting a perception of solid value or updates relative to nearby homes. However, the broader view reveals a more nuanced picture: the lot size is smaller than most in Riverview and Winnipeg overall, and the home is older than many area comparables.
This property would suit a first-time buyer or downsizer seeking a character home in a central neighborhood without a large yard to maintain. It’s also a potential fit for a value-conscious buyer who prioritizes interior space over land size and is comfortable with the upkeep of an older home. The data suggests you are paying a premium for the home's condition and location on this specific street, rather than for a large plot or modern build year.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold between $300k-$350k in May 2021. The current assessed value of $319k sits within that range, indicating the assessment is broadly aligned with a recent market transaction.
2. Is the lot size a disadvantage?
The 2,744 sqft lot is smaller than most in both Riverview and Winnipeg. This means less outdoor maintenance but also less private outdoor space. It’s a trade-off that aligns with a low-maintenance lifestyle.
3. The home is older than many in the area. Should I be concerned?
Built in 1912, it is among the older homes in Riverview. This typically warrants a careful inspection for foundational integrity, wiring, and plumbing updates. However, older homes on this street are common, and many have been successfully maintained and modernized.
4. Why is the assessed value above average for the street but below average for Riverview?
This indicates that while 399 Brandon Avenue is considered a higher-value home on its own street, Brandon Avenue itself consists of properties with generally lower assessed values compared to the wider Riverview neighborhood, which includes larger lots and newer homes.
5. How can I get the exact historical sale prices?
The provided sold price is an estimated range. Due to industry regulations, exact sale figures are not published online here. You can request the full transaction history by emailing the site directly for a manual lookup.