Property Overview: 118 Pinetree Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,141 sqft bungalow, built in 1991, presents a compelling case for buyers seeking a well-established home with standout outdoor space. Its primary appeal lies in its generous 7,342 sqft lot, which ranks in the top 9% on its own street and top 11% in the Riverbend neighborhood. This offers significant potential for gardening, expansion, or simply enjoying a larger, more private yard than most comparable properties.
While the living area is consistently "around average" for its street, neighborhood, and city, the home carries an assessed value ($436k) that is notably above the street average. This suggests factors beyond pure square footage—like the premium lot size, the home's condition, or specific updates—are recognized in its valuation. The 1991 build date is also newer than most Winnipeg homes overall.
This property would suit a practical buyer who values land and space over a sprawling floor plan. It’s ideal for someone looking for a manageable-sized home in a mature neighborhood but with the rare benefit of ample yard space. It could appeal to downsizers wanting room for hobbies or a family seeking a generous play area, provided the interior layout meets their needs.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $436k is a strong starting point for municipal tax purposes, but market conditions, the home’s interior condition, and recent upgrades will ultimately determine the sale price. It's notably above the street average, so reviewing recent exact sale prices of similar homes is essential.
2. How does the lot size compare to typical properties?
The lot is a significant feature. At over 7,300 sqft, it is substantially larger than the average lot on Pinetree Crescent (approx. 5,282 sqft) and in the Riverbend area, offering a clear advantage for outdoor use and privacy.
3. The home last sold in 2017. How can I find out the exact sale price from then?
The public data shows a sold price range. To obtain the exact historical sale figures, you must request a manual lookup from the site provider via email, as they do not display MLS records directly.
4. The living area is described as "around average." What does that mean for space?
With 1,141 sqft, the home is very typical in size for the area. It likely provides comfortable living space for a small to medium-sized household but may not have the expansive square footage of some newer builds. The floor plan's efficiency will be key.
5. The year built is 1991. Are there any known concerns with homes from this era?
Homes from the early 1990s are generally built with modern standards. However, a thorough inspection is always recommended to check the status of original components that may be near the end of their typical lifespan, such as the roof, windows, or major appliances.