Property Overview: 101 Riverton Avenue, Glenelm, Winnipeg

Key Characteristics & Appeal

This two-storey home at 101 Riverton Avenue presents a practical opportunity in Winnipeg's Glenelm neighborhood. Its key appeal lies in its relative modernity and updated condition within a historic area. Built in 1979, it is a significantly newer construction than most homes in Glenelm, ranking in the top 2% for year built locally. This suggests potentially fewer concerns with aging foundations or antiquated systems common in century-old houses. The home features a renovated basement and a detached garage, with a living space of 1,064 sq ft that is comfortably average for the immediate street and area.

The property’s assessed value is above average for Riverton Avenue and Glenelm, indicating it is viewed favorably compared to its direct peers, likely due to its renovations and newer build. A thoughtful perspective is the lot size, which at 2,502 sq ft is smaller than most in the area. This translates to less yard maintenance—a plus for those seeking a low-maintenance outdoor space—but less room for expansion or gardening. It last sold in July 2020 for an estimated $21.5k - $24.5k.

This home would suit a first-time buyer or a downsizer looking for the established, quiet character of Glenelm without the major upkeep often required by its much older housing stock. It’s also a sensible match for a value-conscious buyer who prioritizes a move-in ready, updated interior over a large private yard.

Frequently Asked Questions

1. Is the smaller lot size a disadvantage?
It depends on your lifestyle. While it offers less private outdoor space than many neighbors, it also means significantly less yard work and lower property tax implications based on land value. It's a trade-off that favors low-maintenance living.

2. The home is newer than most in Glenelm. What are the implications?
This is a notable advantage. It likely means more modern construction standards, wiring, and plumbing compared to the neighborhood's many early 1900s homes, potentially reducing immediate repair costs and insurance complexities.

3. How does the assessed value compare to the last sale price?
The current assessed value ($26.4k) is higher than the 2020 sale price range. This increase could reflect the renovated basement and general market movements, but it's important to get a current market evaluation to understand today's likely selling price.

4. What is the parking situation?
The property includes a detached garage. For a 1979-built home, this is a valuable asset, providing secure storage and winter parking without the need for a new addition.

5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed in the detailed records. You can request it directly via the "Get exact sold price history" feature on the listing page, and the service provider will email it to you.