Property Overview: 115 Horrox Bay, Winnipeg
Key Characteristics & Appeal
This home at 115 Horrox Bay in Riverbend presents a balanced profile. Its primary appeal lies in being a well-maintained, modern home within a desirable neighborhood. Built in 2001, it is notably newer than most homes on its street and across Winnipeg, which suggests updated building standards and potentially lower immediate maintenance needs. With 1,247 sqft of living area, the interior space is very close to the neighborhood and city averages, offering a practical footprint for everyday living.
The assessed value of $438k sits above the Winnipeg average, reflecting the property's relative modernity and location. However, the lot size of 4,048 sqft is smaller than most in the area, which may mean less yard space but also less upkeep. This combination makes it a sensible choice for buyers seeking a move-in-ready home from the 2000s in a stable community, without the premium or expansive grounds of a larger estate property. It would suit first-time buyers, downsizers, or professionals looking for a modern, low-hassle home in a mature neighborhood, who prioritize interior condition and modern amenities over a large private yard.
A less obvious perspective is its competitive positioning. While the house itself is newer, the lot size indicates a more efficient use of land, which could appeal to those with busy lifestyles. Its value ranking higher city-wide than within its immediate street suggests it represents a stronger value proposition compared to the broader Winnipeg market than it does just within its own block.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area of 1,247 sqft is slightly below the average for Horrox Bay but is very close to the average for both the wider Riverbend neighborhood and the city of Winnipeg, making it a standard-sized home for the area.
2. Is the assessed value reasonable for this property?
The assessed value of $438k is above the Winnipeg average but typical for its street and neighborhood. Historical sales data shows the home has appreciated through previous sales in 2016, 2019, and 2021, aligning with broader market trends.
3. What are the implications of the home being built in 2001?
A 2001 build date is a significant advantage. It ranks in the top 4% newest homes on its street, meaning major components like roofing, windows, and mechanical systems are likely younger and more efficient than those in many neighboring properties, potentially reducing near-term capital costs.
4. How much yard space is there?
The lot is 4,048 sqft. This is smaller than the average lot on the street and in Riverbend, which translates to less lawn maintenance but also more limited space for large gardens, patios, or expansions.
5. Where can I find verified, exact sold price history for this home?
The displayed sold prices are estimated ranges from public data. To obtain fully verified and exact historical sale figures, you must request a manual lookup via email through the SaveOnHouse website, as this data is not sourced from the MLS.