Property Overview: 10 Trowbridge Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Trowbridge Bay in River Park South stands out for its above-average size and generous lot. With 1,755 sqft of living space, it ranks in the top 3% on its own street and offers more room than most comparable homes in Winnipeg. The property’s true distinction is its 8,574 sqft lot, which is significantly larger than those of neighboring homes, placing it in the top 8% on the street. Built in 1984, its age is typical for the area. The assessed value of $503k reflects its premium positioning, ranking second highest on the street.
The appeal lies in securing a property that outperforms its immediate peers in key tangible metrics: space, both indoors and out. It’s a home that offers room to grow, garden, or simply enjoy more privacy than the surrounding plots allow. This property would best suit buyers looking for an established neighborhood who prioritize lot size and living space over a newer build. It’s ideal for someone who sees value in a home that is a standout on its block and is comfortable with a property from the 1980s, likely appreciating the mature trees and settled community that come with it.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($503k) is for municipal tax purposes and is a historical snapshot. It indicates the home is considered high-value for its street. The actual market price will be influenced by current conditions, the home’s interior condition, and recent upgrades, which are not detailed in this data.
2. The home sold in 2021 and 2017. What does that history suggest?
The sold price ranges show consistent, above-average value for the area. The increase between the 2017 and 2021 sales aligns with broader market trends. This history suggests the property has maintained its premium status, but a buyer should investigate what, if any, improvements were made between those sales.
3. The lot size is a standout feature. What are the practical benefits?
Beyond the potential for additions like a deck, shed, or pool, a larger lot in an established area often means greater distance from neighbors, more mature landscaping, and better stormwater management. It also typically provides more future flexibility than homes on smaller, standard lots.
4. The year built (1984) is "around average" for the street. What should I consider?
This means major components like the roof, windows, and mechanical systems (furnace, water heater) are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand the remaining life of these elements and to budget for potential updates, which is a common consideration for homes of this vintage.
5. The data shows rankings for the street, neighborhood, and city. Which is most important?
The street-level ranking is often the most telling for daily living and resale value. This home ranks #1 for living area and #2 for value on Trowbridge Bay, meaning it is objectively a leading property on its own block—a strong indicator of its relative desirability and a key factor in maintaining its value.