Property Overview: 100 Timberwood Trail, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 1987, presents a compelling mix of established community living and strong value positioning. Its key appeal lies in its above-average lot size (5,602 sqft) for the street and neighborhood, offering more outdoor space than many comparable properties. With a living area of 1,040 sqft, the home is practically sized for essentials without excessive upkeep.
The property’s standout characteristic is its "elite" assessed value ranking on its own street, coming in significantly higher than the street average. This suggests it is perceived as a premium property within its immediate micro-area, potentially due to its lot, condition, or specific location on the street. It suits buyers looking for a move-in ready home in a mature neighborhood who value outdoor space and a property that holds a strong relative value within its direct community. It’s a sensible choice for first-time buyers or downsizers seeking a manageable footprint without sacrificing yard space, and for those who appreciate the stability of an established, late-80s build.
A less obvious perspective is that while the home ranks highly on its street, it sits around average for the wider neighborhood and city. This indicates a purchase here is an investment in a specific, desirable pocket of Riverbend rather than a standout city-wide bargain, appealing to those who prioritize location nuances over broad metrics.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The property holds an "elite" ranking for assessed value on Timberwood Trail, meaning it is among the top few. This typically reflects a combination of its larger lot size, the home's condition, improvements, and its specific placement on the street, as assessed for municipal tax purposes.
2. How does the home’s size compare to others in the area?
At 1,040 sqft, the living area is slightly below the Riverbend neighborhood average but is very close to the average for Timberwood Trail itself. It represents a comfortable, average size for its immediate surroundings.
3. What is the likely sold price range?
Based on recent comparable sales in Riverbend and the disclosed assessed value of $429k, recent sale data suggests a historical sold price in the range of CA$400k–450k. Exact sold prices require a manual lookup from the provider.
4. Is the lot size a significant feature?
Yes. The lot of 5,602 sqft is above average for both the street and the Riverbend neighborhood, ranking in the top 13% and 24% respectively. This is one of the property's defining assets, offering more private outdoor space than many nearby homes.
5. The home was built in 1987—what does that mean for a buyer?
This places it as one of the newer homes on Timberwood Trail. For its age, major components like the roof, windows, or HVAC system may be due for inspection or could have been updated, which is a key consideration. It benefits from being in a mature neighborhood with established landscaping.