Property Overview: 102 Pinetree Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This home at 102 Pinetree Crescent is a well-situated property in Winnipeg's Riverbend neighborhood, representing a solid, average-value offering in the city's housing landscape. Built in 1990, its construction date is notably newer than the typical Winnipeg home, potentially suggesting fewer concerns with aging infrastructure common in older stock. With 1,086 sqft of living space, the interior is more compact than most homes on its own street and in Riverbend, but aligns closely with the broader city average. This creates an efficient footprint that may appeal to those seeking lower utility and maintenance costs without a drastic downsizing.
The appeal lies in its balance and location. The assessed value of $388k is consistently "around average" at every comparison level—street, neighborhood, and city—indicating a fair, market-reflective price without premium or discount extremes. The lot size of just over 5,000 sqft is typical for the area, offering standard outdoor space. Recent sale activity on the street, including a nearby home selling in the top 11% of street prices, suggests a desirable micro-location within Riverbend.
This property would best suit pragmatic first-time buyers or downsizers who prioritize a move-in ready home in an established neighborhood over expansive square footage. It’s for the buyer who values a newer build date within a mature community and seeks a straightforward entry into the market without the premium for a large or recently renovated home.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,086 sqft, the living area is below the average for both Pinetree Crescent (1,194 sqft) and the Riverbend neighborhood (1,288 sqft). It is, however, much closer to the Winnipeg citywide average (1,342 sqft), indicating a more compact, efficient layout.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $388,000 is consistently around the average for comparable homes on the street, in the neighborhood, and across Winnipeg. Recent sales on the street have achieved prices in a higher percentile, suggesting market conditions and property condition could support a sale price near or above this assessment.
3. What does the year built tell us about the property?
Built in 1990, this home is newer than 78% of comparable homes across Winnipeg. On its street, it ranks in the top 27% by build year. This relative newness can be an advantage, potentially meaning updates to major systems (like wiring or plumbing) may have been required less frequently than in older homes.
4. Can I get the exact sold price history for this home?
The site provides sold price ranges for context. To obtain fully verified, exact sold figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. How does this property fit within its immediate area?
The data shows a street with active sales and a mix of home sizes and values. This property sits in the middle of the pack in terms of lot size and assessed value on Pinetree Crescent, representing a typical offering for the street rather than a standout in any particular category.