Property Overview: 138 Reiny Drive, Winnipeg
Key Characteristics & Appeal
This well-established home on Reiny Drive in River East presents a compelling opportunity. Its primary strength is its generous 2,396 sqft of living space, which ranks in the top 4% city-wide and is notably larger than most homes on its own street. Built in 1978, it is a slightly newer-than-average property for the area. The lot size is also above average for the street, offering good outdoor space.
The appeal lies in its established, mature neighborhood and its standout size. With an assessed value of $456k, it sits above average for its immediate area, suggesting a perception of solid value. The home last sold in late 2020 for an estimated $450k-$500k. This property would best suit buyers looking for ample interior space in a settled community, who appreciate a home that stands out in its immediate surroundings for its scale and above-average lot. It’s a practical choice for those who prioritize space over a brand-new build, offering room to grow without the premium of a brand-new neighborhood.
Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
It is significantly larger than most homes nearby. Its living area is over 800 sqft bigger than the average home on Reiny Drive, placing it in the top 2% for the street.
2. What is the exact price it last sold for?
The public data shows a sold price range of CA$450,000–$500,000 in November 2020. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS records.
3. Is the assessed value a reliable indicator of the market price?
The assessed value of $456k is a useful benchmark for municipal taxation and is above average for the street and area. However, market price is determined by current conditions, buyer demand, and the home's specific state, so it should not be relied upon as an exact sale price.
4. How does the lot size compare to the wider neighborhood?
While the lot is above average for Reiny Drive itself, it is slightly smaller than the average lot for the broader River East neighborhood.
5. What does the "Year Built" ranking mean?
Built in 1978, this home is newer than about 82% of homes on its street, making it a relatively recent build in that specific context. Compared to the entire city, its age is around average.