Key Characteristics & Appeal

This is a solid, mid-sized single-family home with 1,491 square feet of living space on a notably large 6,181-square-foot lot. Built in 1976, it’s a product of its era—practical, straightforward construction, with layout and finishes that reflect that period. The assessed value sits above average for the area at $437,000.

The main draw here is the land. In a city like Winnipeg, a lot this size in an established neighbourhood like River East gives you room for a substantial yard, garden, or future expansion. The house itself is middle-of-the-pack for living area, which means it’s not cramped but also not oversized. It’s a comfortable, unassuming family home rather than a showpiece.

This property will appeal most to buyers who care less about a trendy interior and more about space, location stability, and value per square foot. It’s a good fit for someone looking to get into a mature neighbourhood without paying for a fully renovated turnkey house. The 1976 build year also indicates it’s old enough to need potential updates but young enough to be built with modern materials (no lead paint, likely copper wiring). A thoughtful buyer might also consider that a larger lot in River East offers subdivision potential—though that depends entirely on current zoning.

Five Possible FAQs

1. How does the size of the lot compare to other homes in River East?
   The lot is above average for the area—ranking in the top 27% citywide. It’s on the larger side for this neighbourhood, giving you more outdoor space than many nearby properties.

2. Is the house in original condition from the 1970s?
   The listing doesn’t specify updates, but given the build year, you should expect some original or older finishes. A home inspection will clarify whether major systems (roof, furnace, windows) have been replaced or are nearing end-of-life.

3. What is the assessed value based on?
   The $437,000 assessment is likely tied to the combination of land value and the home’s condition relative to others. It’s above average locally, which suggests the location or lot is driving the number more than the house itself.

4. How does this property compare to others on the same street?
   On McIvor Avenue, the house ranks in the top 39% for living area and top 42% for assessed value. This means it’s a bit larger and more valuable than many of its immediate neighbours, but not dramatically so.

5. Would this home work for someone wanting to renovate or add space?
   Yes, particularly because of the lot size. A 6,181-square-foot lot gives you room for an addition or garage expansion, assuming municipal bylaw setbacks. Just keep in mind that the home’s layout may be more suited to reconfiguring than the open-concept designs of newer builds.