Property Overview: 354 Montgomery Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This home presents a solid, middle-of-the-road offering in the Riverview neighborhood. Its primary appeal lies in its balance and stability rather than standout extremes. The 1,286 sqft living area is consistently "around average" for its street, neighborhood, and city, indicating a comfortable, typical size for the area. With an assessed value of $402k, it sits slightly above the neighborhood and city averages, suggesting a perceived value that aligns with or slightly exceeds its immediate surroundings.

A thoughtful perspective is found in its lot size. At just under 6,000 sqft, the land area ranks in the top 23% on Montgomery Avenue itself, offering more outdoor space than many direct neighbors—a potential bonus for gardening, play, or expansion that isn't immediately obvious from the square footage alone. Built in 1950, the home is newer than many in historic Riverview, potentially implying updates or construction methods from a later era compared to the neighborhood's older stock, while still carrying the character of a mature community.

This property would suit a pragmatic buyer looking for a known quantity—a home that is firmly within the established norms of a desirable area. It’s for someone who values a balanced investment over a fixer-upper or a luxury showcase, and who might appreciate the above-average lot size as a platform for future enjoyment or value addition.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
It last sold between $350k-$400k in late 2019. Its current $402k assessment places it around the middle of the pack for assessed values on Montgomery Avenue, indicating its official valuation is in line with the street's typical range.

2. Is the house older or newer compared to the rest of Riverview?
Built in 1950, it is notably newer than the Riverview neighborhood average (1938), ranking in the top 25%. This could mean fewer issues associated with very old homes, though specific condition depends on maintenance and updates.

3. What does the "around average" living area mean for a family?
At 1,286 sqft, the living space is typical for Winnipeg and Riverview. It should comfortably accommodate a small to medium-sized family, similar to most homes in the area, but may feel constrained for those needing extensive dedicated rooms or very large open spaces.

4. The lot size is noted as "above average" for the street. How significant is this?
With a lot of 5,998 sqft, it is larger than over 75% of the lots on Montgomery Avenue. This translates to a more generous backyard or side yard than most direct neighbors, offering greater privacy, landscaping potential, or room for additions like a shed or deck.

5. Where can I get verified historical sale data for this property?
The site notes that due to industry rules, exact MLS sold records are not displayed. They offer a manual lookup service; you can request the exact sale price history by email, and they will provide the verified figures directly.