Property Summary: 54 Arnold Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1,904 sqft home, built in 1958 on a 5,002 sqft lot, presents a compelling blend of space, modernity, and location within Riverview. Its primary appeal lies in its above-average size and relative newness compared to its immediate surroundings. The living area is notably spacious, ranking in the top 6% on its street and top 10% in the neighborhood, offering more room than most comparable local homes. A key, less obvious advantage is its 1958 build year, which places it in the top 5% for newer homes in Riverview, suggesting potentially fewer concerns with aging infrastructure common in this historic area. While the lot size is generous for Arnold Avenue (top 4%), it is slightly below the broader neighborhood average, indicating a well-sized yard in a more established, compact streetscape.
The property suits buyers seeking a move-in-ready home with ample interior space in a mature neighborhood, without the typical upkeep of a century-old house. Its assessed value of $470k positions it as a premium offering on its street and in Riverview, appealing to those who value a modern floor plan and are comfortable with an investment above the local median. The recent sale in 2023 within the $450k-$500k range confirms its market position.
Frequently Asked Questions
1. How does this home’s age compare to others nearby?
It is significantly newer than most homes in Riverview. Built in 1958, it ranks in the top 5% for newer homes in the neighborhood, where the average build year is 1938.
2. Is the lot size typical for the area?
It’s a standout feature on its specific street, where its lot is in the top 4%. However, it is slightly below the average lot size for the wider Riverview neighborhood.
3. What does the assessed value tell us about the property?
The $470k assessment is above average for the street, neighborhood, and city, indicating it is considered a higher-value home in its peer group, likely due to its size, condition, and newer construction.
4. How spacious is the home compared to others?
With 1,904 sqft of living area, it is substantially larger than the average home on Arnold Avenue (1,116 sqft) and in Riverview (1,306 sqft), placing it comfortably in the top 10% of the neighborhood for space.
5. Where can I find the exact historical sale price?
The site provides a sold price range. Due to industry rules, exact sale figures are not displayed publicly but can be requested directly via email for manual lookup.