Property Overview: 661 Darling Street, Riverview, Winnipeg

Key Characteristics & Buyer Appeal

This 1,048 sqft bungalow, built in 1953, sits on a notably generous 7,172 sqft lot in Winnipeg's Riverview neighborhood. Its primary appeal lies in the land itself—the lot size ranks within the top 6% of the neighborhood and top 16% city-wide, offering significant outdoor space and future potential in a well-established area. While the home's living area is modest, especially compared to others on its street, its assessed value of $410k aligns closely with both neighborhood and city averages, presenting a relatively accessible entry point for the area.

The property would suit a practical buyer who values space and location over immediate square footage. It's a candidate for those comfortable with a home that may require updates or an expansion to realize its full potential, or for someone seeking a manageable main floor with a large yard for gardens, recreation, or future additions. A less obvious perspective is that, while it appears smaller than its street neighbors, its newer construction date (top 11% in Riverview) could mean fewer immediate concerns with foundational or systemic updates common in older area homes.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold in July 2022 for an estimated $450,000-$500,000. This suggests it transacted above its current $410,000 assessed value, which is typical, as assessed value for taxation purposes often differs from market value.

2. Is the living area considered small for the area?
At 1,048 sqft, it is below the average for its specific street but is very close to the averages for both the wider Riverview neighborhood (1,306 sqft) and the city overall (1,342 sqft).

3. What does the lot size ranking mean for this property?
The lot is substantially larger than most. It outperforms 94% of lots in Riverview and 84% across Winnipeg, indicating a premium feature that may not be reflected in the home's current footprint or assessed value.

4. Why is the assessed value on this street so much lower than the street average?
The average assessed value on Darling Street is $620,000, but this is based on only five comparable homes. This single data point suggests the other homes on the street are larger, more renovated, or on different lot configurations, making 661 Darling a more modestly valued property on the block.

5. How can I verify the exact historical sold price?
The site provides sold price ranges for general research. Due to industry rules, exact MLS sold figures are not displayed publicly here. You can request the exact sale history via email through the provided link for fully verified figures.