Property Overview: 157 Glencairn Road, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1995-built home in Riverbend offers a balanced, above-average proposition in a well-established neighborhood. With 1,419 sqft of living space, the home is very much in line with the typical size for the street, area, and city, making it a comfortable and familiar layout for many buyers. Its standout characteristic is its assessed value of $466k, which places it in the top 9% on its own street and above average at every comparison level. This suggests a property that is perceived to have higher quality, updates, or desirability than many of its direct peers. The lot size of 4,373 sqft is moderately compact compared to some local averages, which can mean less maintenance without sacrificing private outdoor space.
The appeal lies in its proven stability and value retention within a mature community. It suits buyers looking for a move-in-ready home in a settled area who appreciate a property that metrics indicate is a strong performer within its market segment. It’s particularly suitable for those who value a home with an assessed value that stands out positively from its neighbors, potentially indicating better finishes, condition, or positioning. The previous sale in the $450k-$500k range in 2021 aligns with this above-average valuation.
Frequently Asked Questions
1. What does an "above average" assessed value really indicate?
It generally reflects the municipal assessor's opinion that this property has a higher market value than typical comparable homes in the area. This can be due to factors like superior condition, renovations, desirable location on the street, or premium features.
2. Is the lot size a disadvantage?
At 4,373 sqft, the lot is smaller than the street average but close to the neighborhood average. This often translates to less yard work and maintenance, which can be a positive for many, without necessarily forgoing a decent backyard space.
3. How does the 1995 build year affect the home?
Built in the mid-90s, the home is newer than the average Winnipeg house but typical for Riverbend. Buyers can expect modern construction standards while being prepared for the potential need to update original components (like roofing or HVAC) that are nearing a 30-year lifecycle.
4. Can I trust the sold price data shown?
The sold price range provided is based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display proprietary MLS sales records.
5. How does this home compare to the nearby reference properties?
Compared to the listed nearby homes on Glencairn Road and Shalimar Crescent, 157 Glencairn has a significantly higher assessed value, suggesting it may offer more in terms of updates, size, or specific attributes than those specific examples, despite being of a similar age and in the same neighborhood.