Property Summary: 115 Timberwood Trail, Winnipeg
Key Characteristics & Appeal
This home at 115 Timberwood Trail in Riverbend is a solid, mid-sized property that represents a practical entry point into the neighborhood. Built in 1986, its 1,040 sqft living area and $360k assessed value are very typical for its specific street, placing it firmly in the middle of the pack among immediate neighbors. Its appeal lies in its stability and predictability—it’s not an outlier in size, value, or lot size (4,198 sqft), which can be reassuring. It suits first-time buyers or those looking for a manageable, no-surprises home in an established area. A thoughtful perspective is that, while its metrics are average for the street, they are below the broader Riverbend neighborhood averages, suggesting it may offer relative value within a desirable area. Furthermore, being newer than the Winnipeg city-wide average for comparable homes is a subtle plus, potentially indicating fewer age-related issues than many city properties.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in November 2022. Its current $360k assessed value is near the average for Timberwood Trail but below the neighborhood average, positioning it as a competitively valued option in Riverbend.
2. Is the living space smaller than other homes in the area?
At 1,040 sqft, it is slightly below the Riverbend neighborhood average but is very close to the average for homes on Timberwood Trail itself. It offers a standard footprint for this specific street.
3. What does the year built (1986) indicate?
The home is older than most in Riverbend but is newer than the typical comparable home across Winnipeg. This suggests a balance of established community character while likely benefiting from more modern construction standards than many city-wide properties.
4. How does the lot size affect the property?
The 4,198 sqft lot is smaller than both the neighborhood and city averages. This typically means lower maintenance but may limit expansion potential. It is, however, close to the average for the street.
5. Where can I get verified sale price history?
The provided sold price is an estimated range from public data. For fully verified and exact transaction figures, you must request a manual lookup via email, as this site does not display MLS sold records due to industry rules.