Property Overview: 112-230 Bonner Avenue, River East, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance townhouse in Winnipeg's River East neighborhood. Built in 2016, its primary appeal lies in its contemporary construction, offering a move-in-ready home that is newer than the vast majority of properties in the area and on its street. At 1,006 sqft, the living space is efficient and slightly below the local average, but it compares favorably to the typical Winnipeg home. The assessed value of $315k is above the citywide average, reflecting its newer condition, yet it remains in line with the averages for Bonner Avenue and River East.
The property suits first-time buyers or downsizers seeking a modern home without the concerns of an older structure. It also appeals to pragmatic investors or owner-occupants who prioritize newer mechanical systems, windows, and building envelope over larger square footage. A thoughtful perspective is that this home offers a balance: you pay a premium for age and condition compared to the wider city, but you acquire a relatively modern asset in an established neighborhood of mostly older homes, which could mean fewer immediate repair costs.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,006 sqft, the living area is slightly smaller than the average home on Bonner Avenue (1,090 sqft) and in River East (1,083 sqft), but it is very close to the Winnipeg citywide average (1,042 sqft).
2. Why is the assessed value higher than the city average?
The assessed value of $315k ranks well above the Winnipeg average of $256.1k. This is primarily driven by the home's newer age (2016), as it is significantly younger than the city's typical comparable home built in 1990.
3. What is the history of sold prices for this property?
Public records indicate it last sold between $250k-$300k in November 2016. For fully verified, exact historical sold prices and transaction details, a manual lookup can be requested via email, as this data is not sourced from the MLS.
4. What does the "Elite" ranking for year built mean?
It means this home, built in 2016, is newer than 99% of comparable properties on its street and in the River East neighborhood. On Bonner Avenue, it is ranked #1 out of 71 homes for its recent year of construction.
5. Are there similar units in the same complex?
The listing suggests it is part of a townhouse complex, with immediately adjacent addresses like 114-230, 115-230, 110-230, 113-230, and 116-230 Bonner Avenue. These would be the most directly comparable properties in terms of age, style, and likely construction quality.