Property Overview: 165 Timberwood Trail, Winnipeg
Key Characteristics & Buyer Profile
This home at 165 Timberwood Trail in Riverbend is a practical, mid-sized property built in 1987. With 1,059 sqft of living space and an assessed value of $358k, it sits comfortably around the average for its own street and the wider city in terms of both size and value. Its standout characteristic is its age relative to the immediate street—it is the newest home among its 69 direct neighbors, which may suggest updated infrastructure or less immediate need for major repairs compared to older homes nearby.
The appeal lies in its position as a stable, entry-level or downsizing option in an established neighborhood. It offers a manageable size and lot (3,997 sqft), which translates to less maintenance. A thoughtful perspective is that while its metrics are average or below average within the broader Riverbend area, this also means it could represent a more affordable entry point into the neighborhood without being an outlier on its own block. It would suit first-time buyers seeking a solid starter home, or investors and downsizers looking for a lower-maintenance property with reliable, middle-of-the-road comparables.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home in this location last sold between $300k-$350k in August 2021. The current assessed value of $358k is around the average for Timberwood Trail, suggesting stable market alignment.
2. Is the lot size a concern?
The land area is below average for the street, neighborhood, and city. This means a smaller yard, which could be a positive for those seeking lower outdoor maintenance, but a limitation for those wanting extensive outdoor space.
3. What does it mean that the home is the “newest” on the street?
Built in 1987, it is the most recently constructed among the 69 homes on Timberwood Trail. This can be an advantage, potentially indicating newer core components (like plumbing or electrical) than immediate neighbors, possibly deferring some major renewal costs.
4. How does this property rank within the broader Riverbend area?
Within Riverbend, its living area and assessed value rank below the neighborhood average (in the top 76% and 79%, respectively). This indicates it is a more modest offering in the area, which is reflected in its value.
5. Where can I find more precise historical sale data?
The provided sold prices are broad ranges from public records. For fully verified and exact transaction history, you must request a manual lookup via email from the site, as MLS data is not displayed here.