Property Overview: 102 Wiebe's Drive, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This 1983-built home in River East presents a solid, middle-ground opportunity in the Winnipeg market. With 1,472 sqft of living space, it sits around the average for both the neighborhood and the city, offering a practical footprint for everyday living. Its true standout feature is the generous 7,923 sqft lot, which is notably larger than most homes in Winnipeg and provides ample outdoor space for gardening, recreation, or future expansion.
The home’s appeal lies in its established neighborhood setting and its position as a value-holding asset. With an assessed value of $479k, it ranks above average for River East and city-wide, suggesting a stable investment in a desirable area. The 1983 build date is newer than most on its street and in the neighborhood, which can be appealing for those wanting a home from a modern building era without the premium of a brand-new construction.
This property would suit first-time buyers or young families looking for a move-in-ready home with room to grow outdoors, as well as value-oriented investors seeking a property with strong fundamentals in a consistent market. It’s a pragmatic choice for buyers who prioritize lot size and neighborhood stability over having the largest house on the block.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
While the living area is slightly below the average for Wiebe's Drive itself, it is very close to the average for the broader River East neighborhood and the city of Winnipeg. This indicates the home offers a commonly sought-after amount of indoor space for the area.
2. What does the assessed value tell me about this property?
The assessed value of $479k is above the averages for both River East and Winnipeg. This typically reflects the perceived market value for taxation purposes and suggests the property holds its value well relative to its surroundings, though the final sale price is determined by the market.
3. Is the lot size a significant feature?
Yes. The lot of nearly 8,000 sqft is a key asset, ranking well above city and neighborhood averages. This is a less obvious advantage that offers more privacy, yard space, and potential than many other properties in a similar price range.
4. The home sold recently. Can I find out the exact price?
The public data shows a sold price range of $500k-$550k from August 2024. For verified, exact sale figures, you need to request a manual lookup from the site provider, as they do not display MLS sold records directly.
5. What is the context of the 1983 build year?
Built in 1983, this home is newer than most on its street and in the immediate River East area. This can be an advantage, potentially meaning updates to building materials, layout, and systems over homes built in the 1960s or 70s, while still being part of a well-established community.