Property Overview: 107 Maplegrove Road, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home presents a compelling blend of modern build age and manageable scale. Its key characteristic is being a newer construction on its street, built in 1997, which ranks it as elite compared to its immediate neighbors. With 1,055 sqft of living space, it offers a comfortable footprint that is very close to the average for its street, suggesting it fits the local character without being oversized.
The appeal lies in its efficient package and strong positioning within its micro-market. The assessed value of $398k is above average for Maplegrove Road, indicating it is perceived as a higher-quality asset on the street. This points to a home that may offer better-than-average finishes or condition relative to its nearby peers. The lot, at 3,400 sqft, is smaller than broader area averages, which translates to less exterior maintenance—a potential benefit for those seeking a more lock-and-leave lifestyle or preferring to spend less time on yard work.
This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home in a stable neighborhood. It’s also a sensible choice for value-focused buyers who recognize the advantage of owning one of the newest homes on a mature street, where the premium for newer systems and materials is already reflected in its above-street-average assessment.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to nearby homes?
At 1,055 sqft, the living area is very close to the average for Maplegrove Road itself. It is, however, somewhat smaller than the broader Riverbend neighborhood and Winnipeg city averages, indicating a more compact and efficient layout.
2. Is the assessed value reasonable for the area?
The home’s assessed value of $398k is above the average for its specific street, ranking in the top 17%. Compared to the wider Riverbend area and Winnipeg, it sits around the average. This suggests you are paying a slight premium for its condition and newer age relative to immediate neighbors.
3. What are the implications of the smaller lot size?
The 3,400 sqft lot is below average for both the neighborhood and city. This typically means lower maintenance, less outdoor space for gardening or recreation, and potentially a closer proximity to neighboring houses. For some, this is a benefit; for others, a limitation.
4. How does the 1997 build year affect this home?
Built in 1997, this is one of the newest homes on Maplegrove Road. This generally means more modern construction standards, wiring, plumbing, and insulation compared to older homes in the area, potentially leading to lower immediate repair costs and better energy efficiency.
5. Where can I find verified historical sale price data?
The site provides an estimated sold price range from 2019. For fully verified and exact historical transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.