Property Overview: 111 Donan Street, Winnipeg
Key Characteristics & Appeal
This 1,508 sqft home, built in 1987 on a 5,321 sqft lot, presents a compelling case for value and space within Winnipeg’s Riverbend neighborhood. Its primary appeal lies in its above-average living area, which ranks in the top 6% on its own street and the top 23% in the broader neighborhood, offering more interior space than most comparable homes nearby. With an assessed value of $421k, it sits above the street average but aligns closely with area and city benchmarks, suggesting a fair valuation for its size.
The home would suit buyers prioritizing space and established communities over brand-new construction. It’s particularly well-matched for those who appreciate a home that stands out on its block for its scale and lot size, without carrying a premium price tag far beyond neighborhood norms. A thoughtful perspective is that its 1987 build year, while newer than many city-wide homes, is slightly older than the Riverbend average. This may appeal to buyers seeking a home past its initial settling phase but not requiring the extensive updates often needed with much older properties.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
The living area of 1,508 sqft is notably larger than most direct neighbors (top 6% on the street) and the wider Riverbend area (top 23%), making it a spacious option in its immediate context.
2. Is the assessed value of $421k reasonable for the area?
The assessment is above the average for Donan Street but ranks closely to the middle when compared to all of Riverbend and Winnipeg. This indicates it’s priced for its larger square footage relative to nearby homes, not for an exclusive location or premium finish level.
3. What does the 1987 build year imply?
Built in 1987, the home is newer than many in Winnipeg but slightly older than the average home in Riverbend. Buyers should anticipate features and systems typical of the late 1980s, which may be due for updates or preventative maintenance.
4. How can I verify the exact past sale price?
The provided data shows a sold price range of $400k–$450k in January 2022. Due to data display rules, obtaining the exact figure requires a manual lookup. You can request this directly via the email link provided on the listing page.
5. Are the lot size and rankings a strength?
The lot is just above average for the Riverbend neighborhood but is typical for the street. It offers a standard suburban yard size. Its ranking is not a standout feature but is consistent with the area, providing adequate outdoor space without being exceptionally large or small.