Property Overview: 138 Spruce Thicket Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 138 Spruce Thicket Walk is a study in consistency. Built in 1987, it presents as a solid, middle-of-the-road property within the Riverbend neighborhood. With 1,271 sqft of living space and a 5,114 sqft lot, its size is consistently "around average" when compared to homes on its own street, in the wider area, and across Winnipeg. The assessed value of $385k follows a similar pattern, aligning closely with local averages.
The appeal here is one of stability and predictability. It’s a home that doesn’t stand out for being exceptionally large, new, or small, but rather fits comfortably within its established community. This makes it easier to evaluate against the market. The recent sale in late 2024 for an estimated $450k-$500k suggests strong buyer interest and a value increase from its previous sale in 2021.
This property would suit pragmatic buyers looking for a manageable, turnkey home in a mature neighborhood. It’s ideal for someone who prioritizes a known quantity over a fixer-upper or a brand-new build. The data suggests it’s not a project house, but a straightforward entry into a stable area. A thoughtful perspective is that its very "averageness" is an asset—it likely faces fewer premium costs or value pitfalls associated with properties at the extreme highs or lows of a market segment.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data indicates it is very typical. Its assessed value, living area, and lot size all rank close to the median for Spruce Thicket Walk and the Riverbend area, suggesting it is priced in line with the local market rather than being a standout bargain or overpriced.
2. How does the year built (1987) affect this home?
While newer than the Winnipeg city average, it is slightly older than many homes in the broader Riverbend neighborhood. Buyers should anticipate maintenance and updates consistent with a home approaching 40 years old, though its construction era is generally known for solid build quality.
3. What does the sold price history tell us?
The home sold in late 2024 for an estimated $450k-$500k, which placed it in the top 19% of area sales prices at that time. This represents a significant increase from its 2021 sale price, indicating strong market movement and buyer demand for this type of property in the location.
4. How does the lot size impact the property?
At just over 5,000 sqft, the lot is slightly smaller than the street average but close to the neighborhood average. It provides a standard suburban yard space—adequate for gardening, play, or relaxation, but not an exceptionally large or sprawling parcel.
5. Where can I get the exact historical sold prices?
The website does not display exact MLS sold figures due to industry rules. You must request the exact sold price history via email from the site provider, who will perform a manual lookup and send the information directly to you.