Property Overview
This home at 31 Trowbridge Bay in Winnipeg's River Park South neighborhood presents a practical opportunity in a mature community. Built in 1985, its key appeal lies in offering solid fundamentals at a value-oriented point compared to its immediate area.
Key Characteristics & Appeal
The 1,268 sqft home sits on a 4,639 sqft lot. Its living space is consistently around the average for the street, neighborhood, and city. The standout characteristic is its age; built in 1985, it is newer than most homes on its street and significantly newer than the Winnipeg average, suggesting potentially fewer concerns with outdated major systems.
The primary appeal is financial positioning. Its assessed value of approximately $372k is below the averages for both Trowbridge Bay and the wider River Park South area, yet it aligns closely with the citywide average. This indicates you may be acquiring a home in a desirable local context without paying the typical street premium. The lot, while smaller than others on the street, is near the neighborhood average.
This property would suit a first-time buyer or a downsizer seeking a manageable, move-in-ready home in an established area. It’s for someone who values a newer build year within a classic neighborhood over having the largest lot or square footage on the block. The recent sale history (sold between $350k-$400k in late 2023) confirms its position in an accessible price tier.
Frequently Asked Questions
1. Is this a good value compared to other homes on the street?
The data suggests it is. While the home’s size is typical for the street, its assessed value is notably below the street average, which could represent a value opportunity within this specific location.
2. What does the "newer" build year really mean for me?
Built in 1985, this home is newer than most on its street and in the city overall. This often translates to updated electrical wiring, plumbing, and insulation standards compared to much older homes, potentially reducing immediate renovation needs.
3. How does the smaller lot size impact the property?
The lot is smaller than most on Trowbridge Bay. This means less yard maintenance, which can be a benefit for some, but also less private outdoor space. It’s worth considering if you prioritize a large garden or deck.
4. The sold price is shown as a range. How can I get the exact figure?
Exact sold prices are not displayed publicly on this site due to data source rules. You can request the precise sale history by emailing the site directly; they will provide the figures manually at no cost.
5. How does this home fit within the broader Winnipeg market?
Its metrics are remarkably aligned with citywide averages for both living area and assessed value. This indicates the home is a very typical Winnipeg property, making it a stable, benchmark option rather than an outlier.