Property Overview: 120 Glencairn Road, Winnipeg
Key Characteristics & Appeal
This 1995-built home in Riverbend stands out for its generous proportions, both in its living space and, more notably, its land. With 1,612 sqft of living area, it is comfortably above average for its street and neighborhood. The true distinguishing feature is the expansive 11,185 sqft lot, which ranks in the top 3% on its street and top 2% in Riverbend, offering significant outdoor space and privacy uncommon in this setting.
The home’s appeal lies in its established, above-benchmark stature within a mature neighborhood. With an assessed value of $513,000, it sits in the elite tier for its immediate area, suggesting a premium property relative to its peers. This isn't a new build, but a well-situated home from the mid-90s on a lot that provides rare potential for expansion, gardening, or outdoor living.
This property would best suit buyers looking for a established family home in a sought-after neighborhood who prioritize land size over a brand-new construction. It’s ideal for those who see value in a larger, private yard and appreciate a home that already holds a strong, top-tier position in its local market.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value of $513,000 is ranked in the top 2% on Glencairn Road and top 5% in the broader Riverbend neighborhood, indicating it is considered a premium property within its immediate community.
2. What is the significance of such a large lot?
At over 11,000 sqft, the lot size is exceptionally large for the area. This offers greater privacy, ample room for additions like a deck or garage, and valuable green space that is increasingly rare in mature neighborhoods.
3. The home was built in 1995. Is that a concern?
The year built is around the average for the street and neighborhood. This typically means major components may be nearing or within their expected renewal period, so a thorough inspection is advised, but you are buying into an established area with proven infrastructure.
4. What did it last sell for?
Public records indicate a sale between July 2020 for a price in the range of CA$400,000–450,000. For verified, exact historical sale figures, you can request a manual lookup from the site.
5. The city-wide living area rank seems lower. Why?
While the home is above average locally, its living area rank city-wide is lower because the comparison includes many newer suburban homes with larger footprints. This highlights the property’s primary strength as its premier lot size and established neighborhood location, rather than maximizing interior square footage relative to the entire city.