Property Overview: 10 Arbroath Drive, Winnipeg
Key Characteristics & Appeal
This well-situated home at 10 Arbroath Drive in River East presents a compelling blend of space, value, and modern convenience. Built in 1993, the property is notably newer than most in the wider neighborhood and city, suggesting potentially fewer major maintenance concerns compared to older stock. With 1,476 sqft of living area, it offers ample space that is comfortably above the city average, fitting well for a growing family or those seeking room to spread out.
The primary appeal lies in its strong value proposition within a desirable context. While the home is slightly smaller and has a lower assessed value than the immediate street average, it stands out as above average for both value and modernity when compared to the broader River East neighborhood and Winnipeg as a whole. This positions it as a smart entry point into a mature area, offering the benefits of an established community without the premium price tag of the largest homes on the block. The lot size is standard for the street, providing typical outdoor space.
This property would ideally suit pragmatic first-time buyers or young families looking for a move-in ready home in a stable neighborhood. It also appeals to value-conscious purchasers who prioritize a more recent build year and are comfortable with a home that is a strong performer in its wider market, even if it isn't the largest on its specific street.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold for an estimated $450k-$500k in mid-2024, which aligns closely with its $445k assessed value. This suggests the sale was in line with municipal valuation, indicating a stable and fair market transaction.
2. Is the house older or newer than others in the area?
At 33 years old (built in 1993), this home is significantly newer than the average for River East (built ~1976) and Winnipeg overall (built ~1966). On its own street, it is also above average, ranking as the 4th newest out of 16 homes.
3. What does the "below average" ranking for living area on the street mean?
While the home's living area is above the city and neighborhood averages, it is ranked 14th out of 16 on Arbroath Drive itself. This simply means the immediate street consists of particularly spacious homes, but 10 Arbroath Drive still offers more space than the typical Winnipeg home.
4. How can I get the exact sold price?
The exact sold price is not publicly displayed due to industry data rules. You can request the precise figure by emailing the site; they will perform a manual lookup and provide the information directly without using your email for marketing.
5. Are the sold prices and comparisons on this page reliable?
The data is sourced from public records and is stated to be reasonably reliable, but it is not guaranteed and is not from the MLS. For fully verified figures and a complete transaction history, contacting the site or a real estate professional directly is recommended.