Property Overview
46 Ashland Avenue is a well-established home in Winnipeg's Riverview neighborhood, presenting a compelling blend of space, location, and value. Built in 1949, it is a newer construction compared to many on its street, offering potential advantages in foundational upkeep. The home's key appeal lies in its above-average metrics across the board: it provides more living space (1,672 sqft) and a larger lot (6,398 sqft) than most comparable homes in both Riverview and city-wide. With an assessed value of $488k, it sits in a premium position relative to its immediate area, suggesting a solid investment in a desirable location. This property would suit buyers looking for a character home with generous proportions, who value a established neighborhood feel and are perhaps seeking a canvas for updates that align with modern living while benefiting from a mature lot.
Frequently Asked Questions
How does the assessed value relate to the likely selling price?
The assessed value of $488k is for municipal tax purposes and is a historical snapshot. It indicates the home is valued well above area averages, but the actual market price will be determined by current conditions, the home's specific state, and buyer demand. The last known sale was between $400k-$450k in 2016.
Is the 1949 build date an advantage?
Potentially, yes. On Ashland Avenue, where the average home was built in 1939, this house is among the top 10% newest. This can mean updated building materials, electrical, or plumbing systems from the outset, possibly resulting in fewer immediate major retrofits than with an older home.
What do the lot size and rankings practically mean for me?
The lot is significantly larger than the Riverview neighborhood average (6,398 sqft vs. 5,583 sqft). This translates to more private outdoor space, room for additions like a garage or deck, and generally better light and privacy than on tighter lots. Its ranking in the top 15% on the street means it's a standout feature.
How accurate is the sold price data provided?
The site states its sold price data is from public online sources, not the MLS, and has had limited verification. The figures are presented as ranges for non-members. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
What is the immediate neighborhood like?
The listing shows nearby properties are primarily on Ashland Avenue and Churchill Drive, suggesting a quiet, residential setting. The direct neighbors are very close (15-37 meters away), which is typical for established city neighborhoods, so considering proximity and sightlines would be prudent.