Property Overview: 123 Donan Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 123 Donan Street in Riverbend presents a practical and competitively positioned offering. Built in 1987, it is newer than most homes on its street and significantly newer than the Winnipeg average, suggesting a potentially more modern build and systems. With 1,040 sqft of living space, its size is very typical for the immediate area and city, fitting a comfortable family or couple lifestyle without excess.
The appeal lies in its value positioning within the broader Riverbend neighborhood. Its assessed value of $343k is notably below the neighborhood average, which could indicate a more accessible entry point into the area or room for value appreciation. The lot, while smaller than area averages, offers manageable outdoor space with lower maintenance demands.
This property would suit first-time buyers or downsizers seeking a well-located, no-fuss home in a stable community. It’s also a sensible match for value-conscious buyers who prioritize a newer build year over a larger lot size, and for those who see potential in a home priced below its immediate neighborhood benchmark.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is a starting point for market evaluation. Being below the Riverbend average may attract interest, but the final sale price will be determined by current market conditions, the home’s condition, and buyer demand.
2. What are the implications of the smaller lot size?
The land area is below average for the street and neighborhood. This typically means less yard maintenance and potentially lower utility costs, but may limit expansion possibilities like large additions or pools. It’s a trade-off that appeals to those seeking simplicity.
3. The home is newer than most on the street. What advantages does that offer?
A newer build year (1987) can suggest updated construction standards, younger major components (like roofing or wiring), and potentially better energy efficiency compared to older neighboring homes, which might mean lower near-term repair costs.
4. Why is there no public sale history shown?
Complete transaction histories often require manual lookup through proprietary systems. The absence of an automated history here is common and doesn’t mean the property hasn’t sold; it simply means requesting the data directly from the site’s team is necessary for verified details.
5. How does this home compare to the nearby reference properties?
It sits in the middle of the pack among the examples provided. It has a similar size and value to several but is newer than some. This reinforces its position as a standard, balanced option in Riverbend, rather than an outlier in any specific feature.