Property Overview: 40 Baltimore Road, Riverview, Winnipeg
This home presents a compelling blend of established character and above-average investment in its desirable Riverview neighborhood. Its primary appeal lies in its significant assessed value and spacious living area relative to its surroundings, suggesting a well-maintained or updated property within a mature community.
Key Characteristics & Ideal Buyer
The 1,709 sqft home, built in 1947, stands out for its substantial assessed value of $579k, which places it in the top 10% of comparable homes in Winnipeg and the top 6% in Riverview. This indicates a premium valuation relative to the area. The living space is also notably above neighborhood and city averages, offering more room than most. While the lot size is slightly below average for Baltimore Road itself, it remains generous compared to much of the city.
This property would suit buyers looking for a substantial, established home in a prime inner-city neighborhood. It appeals to those who value space and are likely seeking a home that has already seen significant investment or updates, as reflected in its assessment. It’s less suited for buyers prioritizing a brand-new build or the very largest lot on the block, but ideal for someone who appreciates a home that outperforms its peers in key financial and spatial metrics.
A thoughtful perspective: its 1947 build date is newer than many on its street, potentially meaning fewer concerns with the very oldest infrastructure, while still offering classic neighborhood charm. The data suggests you are buying a standout property within an already sought-after area.
Frequently Asked Questions
1. How recent are the sold price figures shown?
The listed sale of "9/2022" for between CA$600k–650k is the most recent transaction data available from public records on this site. For fully verified figures and a complete transaction history, you must request a manual lookup by email.
2. The assessed value seems high for the area. What does this mean?
An assessed value ($579k) significantly above area averages ($389k in Riverview) typically indicates the municipal assessor has recorded substantial improvements, updates, or attributes that place the home in a higher value bracket than its neighbors. It’s a strong indicator of the property's premium condition or features.
3. Is the lot size a disadvantage?
While the lot is slightly below the average for Baltimore Road, it is still larger than the typical Riverview lot and above the city average for comparable homes. The trade-off is a more spacious interior. It's best to view the property in person to see if the yard meets your needs.
4. What does "Top X%" in the rankings actually tell me?
These percentiles show how this home compares to similar properties in three scopes: its immediate street, the Riverview neighborhood, and all of Winnipeg. For example, ranking in the "Top 6%" for value in Riverview means 94% of comparable homes there have a lower assessed value.
5. Why can’t I see the exact sold price?
Due to industry rules, exact MLS sold prices are not displayed here. The site provides a reliable price band from public data. To obtain the exact historical sold price, you can use the site’s email request function for a manual lookup.