Property Overview: 107 Horrox Bay, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,400 sqft home, built in 2001, presents a solid, middle-of-the-road offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its modern construction relative to its surroundings; it's one of the newer homes on its street, ranking in the top 4% locally by year built. This suggests potentially fewer immediate concerns with aging infrastructure compared to many Winnipeg homes.
The home’s living area and assessed value (approximately $431k) are consistently "around average" at the street, neighborhood, and city-wide levels. This positions it as a stable, predictable option without standout size or premium valuation. The lot size is notably below average for the area, which may appeal to buyers seeking lower exterior maintenance but offers less private outdoor space.
It would best suit practical, value-conscious buyers—perhaps young families or professionals—who prioritize a home from the 2000s in a mature neighborhood. It’s for those who see virtue in a property that doesn’t overpromise, offering a comfortable footprint without the premium price tag or expansive yard of larger lots. The historical sale data shows steady value appreciation, indicating a reliable investment in a well-established community.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is slightly below the street average, while the home itself is newer than most. This could indicate a fair value proposition, where you're getting a more modern build without paying a premium for it.
2. How does the below-average lot size affect the property?
It likely means less yard maintenance and gardening work, which can be a benefit for busy households. However, it also means less private outdoor space for recreation, gardening, or future expansions like a large deck.
3. The home sold in 2021 and 2016. What does that price history suggest?
The sold price ranges show consistent growth between 2016 and 2021, tracking with broader market trends. This pattern suggests the property has held its value well in a stable neighborhood.
4. How does this home compare to the typical Winnipeg house?
It is newer than about 83% of comparable homes city-wide and has a slightly above-average assessed value. You are getting a more contemporary property than the typical Winnipeg home, albeit on a smaller parcel of land.
5. Can I get the exact historical sold prices?
The exact figures are not published publicly on the site due to industry rules. However, you can request them via email from the service, which will provide a manual lookup of the full transaction history.