Property Overview: 169 Timberwood Trail, Winnipeg
Key Characteristics & Appeal
This 1,050 sqft bungalow in Riverbend presents a practical and competitively positioned entry into the Winnipeg market. Built in 1987, it is one of the original homes on Timberwood Trail, offering a sense of established stability on a street where many homes are of a similar vintage. Its assessed value of $359k sits comfortably around the city-wide average, suggesting a fair market entry point.
The primary appeal lies in its efficient footprint and value proposition. While the living space and lot size (3,997 sqft) are below the Riverbend neighborhood averages, this translates to lower maintenance and utility costs—a significant consideration for first-time buyers, downsizers, or investors seeking a manageable property. Its recent sale history (sold between $350k-$400k in 2021) indicates it resides in a stable, sought-after price bracket. This home suits buyers looking for a turnkey, no-frills residence in a mature neighborhood, who prioritize location and a sensible layout over expansive square footage or a large yard. A thoughtful perspective is that its "around average" metrics across the city may offer more predictable long-term value with less volatility compared to highly customized or outlier properties.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,050 sqft, the living area is very close to the average for Timberwood Trail itself (~1,074 sqft) but is below the broader Riverbend neighborhood average. This indicates a cozy, efficient layout typical for this specific street.
2. Is the assessed value a good indicator of the likely selling price?
The $359k assessment is a benchmark for municipal taxes. The home last sold for an estimated $350k-$400k in 2021. Market conditions, property updates, and buyer demand will determine the final sale price, but the assessment and past sale suggest a value in this general range.
3. What are the advantages of an older home like this (1987)?
As one of the first homes built on the street, it benefits from mature landscaping and an established streetscape. Construction from this era often features straightforward layouts and proven building materials. Potential buyers should budget for age-related maintenance, as major components may be nearing or past their typical lifespan.
4. The lot seems smaller than others in Riverbend. Is that a drawback?
The lot is under 4,000 sqft, which is smaller than many in the area. This can be an advantage for those seeking lower yard maintenance, faster snow clearing, and reduced outdoor upkeep costs, while still providing private outdoor space.
5. How can I verify the exact past sale price?
The public data shows a sold price range. Due to industry regulations, exact MLS sale figures are not published on this site. You can request the precise transaction history by emailing the site via the "Request exact figures by email" link provided; they will manually look it up and send it to you.