Property Overview: 79 Morley Avenue, Riverview, Winnipeg
Key Characteristics & Appeal
This 1910 home in Riverview presents a practical and straightforward opportunity. At 944 square feet on a 2,501 sqft lot, its size is fairly typical for Morley Avenue itself but is notably more compact than many homes in the wider Riverview neighborhood and across Winnipeg. This creates a specific dynamic: the property holds its own on its immediate street while being positioned as a more accessible entry point into the area.
Its primary appeal lies in value and location. With an assessed value of $299k, it sits above the street average but well below the averages for Riverview and the city, suggesting a potentially lower cost of entry into a desirable neighborhood. The recent sale price (estimated between $250k-$300k) aligns with this assessment. It suits first-time buyers or downsizers seeking neighborhood amenities and character without the premium price tag of a larger lot or a more modern, spacious home. It may also attract investors or handy buyers looking for a classic Winnipeg footprint that is manageable to maintain and update over time.
A less obvious perspective is that its smaller scale could be an advantage for those seeking a lower-maintenance property with reduced utility costs. However, the below-average land area means outdoor space is limited compared to neighborhood norms, which is a key trade-off.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its living area is close to the average for Morley Avenue, it is smaller than most homes in the broader Riverview neighborhood, where average living areas are around 1,300 sqft.
2. Is the assessed value high for the street?
Yes. The assessed value of $299k is above the street average of approximately $265k, ranking it in the top 26% on Morley Avenue for this metric.
3. What is the likely trade-off for the lower price point?
The price point relative to the neighborhood is likely reflected in the home’s smaller living area and significantly smaller lot size (approx. 2,500 sqft vs. a Riverview average of over 5,500 sqft).
4. How old is this home compared to others in Winnipeg?
Built in 1910, it is older than the average Winnipeg home (built around 1966) and slightly older than the average in Riverview (built around 1938).
5. How can I get the exact historical sold price?
The site provides sold price ranges for non-members. To receive the exact sold price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.