Property Overview: 110 Spruce Thicket Walk, Winnipeg
Key Characteristics & Buyer Profile
This home presents a practical, value-oriented opportunity in Winnipeg's Riverbend neighborhood. Its primary characteristic is its compact size, with a living area of 884 sqft, which is notably below averages for the street, neighborhood, and city. This is balanced by a relatively recent build year (1988), which is the newest on its street, suggesting potentially fewer age-related issues than immediate neighbors. The assessed value of $358k sits below area averages but aligns with the citywide norm, indicating a competitively priced entry point into a mature community.
The appeal lies in efficiency and affordability. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property without sacrificing a established location. The lot size is manageable, and the home's newer vintage relative to its street could mean updated core systems. A thoughtful perspective is that its smaller footprint and below-street-average value might offer financial headroom for renovations or customization, allowing a buyer to add value in a neighborhood of larger, higher-valued homes.
Frequently Asked Questions
1. Is the home significantly smaller than others nearby?
Yes. At 884 sqft, the living area is below the average for Spruce Thicket Walk (1,255 sqft) and the broader Riverbend area.
2. How does its value compare to the area?
Its $358k assessment is below the street and neighborhood averages, but aligns closely with the Winnipeg citywide average for comparable homes, suggesting it is priced accessibly for the market.
3. What does the "newest on the street" ranking mean?
Built in 1988, it is more recent than the street's average build year of 1987. This is a relative advantage on this specific street, though it is around the neighborhood average.
4. What was the previous sale price?
Public records indicate a sale between $300k-$350k in August 2021. For fully verified and exact historical sale figures, you can request a manual lookup via the site.
5. Are the sold price data and comparisons from the MLS?
No. The sold price data and all comparative rankings are based on publicly available information, not the MLS. The site provides these analytical comparisons as a tool, but recommends verification for exact figures.