Property Overview & Appeal
This home at 87 Riverbend Avenue presents a compelling mix of space, land, and established value. Its key characteristic is a well-above-average lot size of over 8,500 sqft, placing it in the top 10% citywide, which offers rare potential for gardens, expansion, or simply more private outdoor living. Built in 1970, it is newer than most on its street, potentially meaning fewer immediate updates compared to older neighbours. With 1,580 sqft of living area, it provides more interior space than the typical Winnipeg home.
The appeal lies in its balanced positioning. It’s not an outlier in any single category but offers a strong, above-average package overall, particularly for buyers seeking a generous yard within the city. It suits practical buyers looking for a move-in-ready, single-family home in a mature neighbourhood without the premium of a brand-new build. A thoughtful perspective is that its "middle-of-the-pack" assessed value for the area suggests it's not over-improved for the street, which can be a savvy financial position, offering comfort without excessive property taxes.
Frequently Asked Questions
1. How does the 1970 build year compare to nearby homes?
The home is newer than most on its immediate street (ranking in the top 25%), but is slightly older than the average home in the broader Minnetonka area. This often means the fundamental systems and structure may be more modern than many direct neighbours.
2. Is the lot size a significant feature?
Yes. At 8,518 sqft, the lot is substantially larger than the Winnipeg city average (~6,570 sqft) and above average for the local area. This is one of the property's standout assets, offering more privacy and space than many similarly priced homes.
3. What does the assessed value indicate?
The assessed value of $43.10k is above average for Riverbend Avenue itself but around the middle range for the wider Minnetonka area and city. This suggests the property is viewed as solidly conforming to or slightly exceeding the norms for its immediate location.
4. Can I see the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the site, which they provide manually without using your email for marketing.
5. How does the living space compare?
At 1,580 sqft, the living area is above average for the city and for its own street, but close to the average for the Minnetonka area. It indicates a comfortably sized home that is not unusually large or small for its neighbourhood.