Property Overview: 140 Glencairn Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 140 Glencairn Road in Riverbend is a study in solid, middle-ground value. Built in 1997, it’s a relatively modern property that sits comfortably around neighborhood and city averages for size, age, and lot. With 1,355 sqft of living space on a 4,761 sqft lot, it offers practical space without being oversized. Its assessed value of $402,000 is notably below the street average but aligns closely with the wider city benchmark, suggesting it may represent a relative value proposition within its immediate block.
The appeal lies in its established neighborhood setting and its position as a manageable, turn-key property. It suits first-time buyers or downsizers looking for a low-maintenance home in a mature area without the surprises of an older build. A thoughtful perspective is that while the lot is smaller than some on the street, it translates to less yard work. The data indicates you’re acquiring a home that is newer than most in Winnipeg, in a stable area, at an assessment that isn’t inflated compared to its direct peers—a combination that appeals to the pragmatic buyer.
Section 2: Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value ($402,000) is a municipal tax valuation, not a market price. It’s below the average for Glencairn Road but above the Winnipeg average, indicating the street is generally desirable. The final sale price will be determined by current market conditions, the home’s interior condition, and buyer competition.
2. How does the size of this home compare to others nearby?
At 1,355 sqft, the living area is very close to the average for both the street (1,314 sqft) and the Riverbend neighborhood (1,288 sqft). It’s a standard size for the area, suitable for a small family or couple.
3. The lot seems smaller than others on the street. Is that a concern?
The lot is 4,761 sqft, which is smaller than the street average of 5,638 sqft. This could mean a more compact backyard but also less maintenance. It’s a trade-off that may suit buyers looking for outdoor space without extensive upkeep.
4. Can I see the past sale history for this property?
Public records on this site do not show a detailed transaction history. You can request the most accurate available sale history by email using the “Request exact figures by email” option on the property page, and the team will manually look it up for you.
5. What does the “Top X%” ranking mean in the analysis?
These rankings compare this specific property against similar homes in three areas: its street, the Riverbend neighborhood, and all of Winnipeg. For example, being in the “Top 38%” city-wide for living area means 62% of comparable Winnipeg homes are smaller. It’s a quick way to gauge how the home stacks up in various metrics.