Property Overview: 176 Red River Boulevard W, Riverbend, Winnipeg
Key Characteristics & Buyer Profile
This 1987-built home in Riverbend is defined by its compact and efficient scale. With 694 square feet of living space on a 4,112 sqft lot, it is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. This positions it as a more affordable entry point into the established Riverbend area, with an assessed value of $335k that sits below the local averages but aligns closely with the wider city benchmark.
The appeal lies in its practicality and location. It suits buyers seeking minimal upkeep, lower property taxes relative to larger homes, and a solid foothold in a mature neighborhood. It’s a logical fit for a first-time homebuyer, an investor, or someone looking to downsize without leaving the community. A less obvious perspective is its potential as a strategic hold; its smaller size and lot may represent a lower-risk investment in an area where the land and location carry significant value, offering resilience even if the housing market fluctuates.
Frequently Asked Questions
1. Is this a good value for the area?
Based on assessed value, this home is priced below the average for both Red River Boulevard and the broader Riverbend neighborhood, suggesting a more accessible entry point into this location.
2. How does the home's size compare to others nearby?
At 694 sqft, the living area is significantly smaller than typical homes on the street (avg. 1,166 sqft) and in Riverbend (avg. 1,288 sqft). This indicates a compact, low-maintenance layout.
3. What is the property's history?
Public records show the home was last sold between 2016 and 2025 for an estimated price between CA$250k and $300k. For verified, exact sale history, you must request a manual lookup from the site.
4. Is the lot size a limitation?
The 4,112 sqft lot is smaller than most in the immediate area. This means less exterior maintenance but may limit expansion possibilities compared to neighboring properties.
5. How current is this data?
The assessment and ranking data is based on the latest available municipal rolls. Sold price data is compiled from public sources from January 2016 through April 2025, but is not MLS-verified and is presented in ranges unless you request exact figures.