Property Summary: 139 Peter Herner Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a balanced, mid-range offering in Winnipeg's Riverbend neighborhood. Built in 2002, it is notably newer than most homes in the city and sits on a manageable 4,234 sqft lot. With 1,224 sqft of living space, it is slightly more compact than others on its street but aligns closely with neighborhood and city averages. Its assessed value of $438k is above the Winnipeg average, reflecting its modern build and desirable area, though it is modest compared to some immediate neighbors.
The appeal lies in its position as a well-situated, turn-key property without extreme premiums. It suits first-time buyers or downsizers seeking a modern home (avoiding the maintenance of an older property) in an established area. It also fits pragmatic investors or buyers who value a newer construction year over maximum square footage, preferring efficient, contemporary systems and layouts. A thoughtful perspective is that while it may feel average in its immediate row, its newer build and above-city-average value suggest it holds its worth well in the broader market, offering stability rather than flashy upside.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its living area is below the average for Peter Herner Bay itself, it is very close to the average for the wider Riverbend neighborhood and the city of Winnipeg. It’s a moderately sized home for the area.
2. Is the assessed value reasonable for the property?
The $438k assessment is above the Winnipeg average, which is typical for a home of this age. On its street, the value is actually on the lower end, which could indicate a relative value opportunity within this specific, newer-built section of Riverbend.
3. What does the year built tell me about this home?
Built in 2002, the home is significantly newer than the average Winnipeg house. This often translates to more modern building materials, electrical systems, and floor plans, potentially reducing immediate major renovation costs.
4. How reliable is the sold price data shown?
The listed sold price range from 2020 is based on public data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. The lot size seems smaller than some averages. Is that a concern?
The lot is around average for the street but below the neighborhood average. This typically means lower yard maintenance and a more community-focused, rather than private, outdoor space. It’s a trade-off that suits those preferring easier upkeep.