Property Summary: 216 Red River Boulevard W, Riverbend, Winnipeg
Section 1: Overview & Appeal
This home presents a practical opportunity in Winnipeg's Riverbend neighborhood. Built in 1987, it is slightly newer than many homes in the city and on its own street. With 1,050 sqft of living space, it offers a manageable size that is close to the average for the immediate area, though more compact than many newer homes in Riverbend. The assessed value of $395k is aligned with averages across the street, neighborhood, and city, indicating a fairly priced entry point.
The appeal lies in its position as a stable, average-condition home in an established area, likely requiring less immediate upkeep than much older properties. Its smaller lot size (4,001 sqft) means less yard maintenance, which could be a bonus for busy professionals or downsizers. This property would best suit first-time buyers seeking a foothold in a mature neighborhood, or practical investors looking for a rental property with predictable metrics. It’s a home for those who value location and simplicity over size or a blank renovation canvas.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it is priced very close to the street average. Its assessed value ranks 17th out of 44 homes (Top 39%), and its living area is near the street median. You’re paying for a typical home on this boulevard.
2. How does the lot size impact this property?
The lot is smaller than most on the street and in the city. This translates to less outdoor maintenance but also less private space. It’s a trade-off that prioritizes efficiency over expansive yard potential.
3. The home seems smaller than the neighborhood average. What does that mean?
Riverbend has many newer, larger homes, which skews the average. This property is more representative of the older segment of the neighborhood. It offers the Riverbend location without the premium for square footage, which can be a strategic way to enter the area.
4. What can the last sold price (2020) tell me?
It sold between $350k-$400k in late 2020. Given the current assessed value of $395k, this suggests a relatively stable market performance for the home over the last few years, without extreme appreciation.
5. How do I find out the exact past sold prices?
The site does not display exact MLS sold figures. You must request this information directly via email, and they will manually provide the exact transaction history. This is a common practice due to data licensing rules.