Property Overview: 458 Mcnaughton Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1944-built home in Riverview presents a distinct profile. At 802 sqft, its living space is notably more compact than most homes on its street and in Winnipeg overall, placing it in the top 10% for smaller floor plans in these comparisons. However, it sits on a roughly 6,000 sqft lot, which is typical for the street and neighborhood. The current assessed value of $322k is below the street and area averages, offering a more accessible price point in a well-established area.

The primary appeal lies in its value proposition: it's a lower-cost entry into a mature neighborhood with larger, often more expensive homes. This suits buyers seeking land and location over square footage, such as those comfortable with a cozy layout, downsizers, or investors considering future potential. A thoughtful perspective is that its smaller size and below-average assessment could mean lower utility costs and property taxes relative to neighbors, providing long-term affordability. Its appeal is practical rather than luxurious, ideal for a hands-on buyer who might see potential in the generous lot or who prioritizes community over a large interior.

Frequently Asked Questions

1. Why is the assessed value below the street and neighborhood averages?
The assessed value is influenced by multiple factors, with living area being a significant component. This home's square footage is considerably smaller than the averages for the street (1,214 sqft) and Riverview (1,306 sqft), which is a key reason for its lower assessment compared to nearby properties.

2. What does the sold price history show?
Public records indicate the home sold in March 2020 for between $250,000 and $300,000. To obtain the exact sale price and a fully verified transaction history, a manual lookup through the site's service is required.

3. Is the lot size a positive feature?
Yes. While the home itself is compact, the 5,999 sqft lot is consistent with the street average. This provides ample outdoor space, which is a valuable asset and offers possibilities for gardening, expansion, or simply more privacy than newer, denser subdivisions.

4. How does the year built affect this property?
Built in 1944, it is slightly older than the average on Mcnaughton Avenue. This is typical for Riverview. Buyers should factor in the potential for updates or maintenance common to homes of this era, but also appreciate the character and established streetscape of the area.

5. Who would this property not suit?
It would likely not suit buyers who need multiple bedrooms, dedicated home office space, or who simply prefer modern, open-concept layouts without renovation work. The data clearly shows it caters to those comfortable with a smaller, more efficient footprint.