Property Overview
This 800 sqft home at 272 Woodbine Avenue presents a specific value proposition in Winnipeg’s Riverbend neighborhood. Its key characteristic is a noticeable contrast: the house itself is newer than most, built in 2000, while its living space and lot size (3,999 sqft) are compact compared to area and city averages. The assessed value of $353k sits around the average for the street and city-wide, suggesting the price reflects this balance of newer construction and smaller footprint.
The appeal lies in a modernized, low-maintenance lifestyle within a well-established neighborhood. It suits first-time buyers seeking an entry point into a stable area, downsizers looking to reduce upkeep without moving to a condo, or pragmatic investors attracted to a relatively newer property with predictable maintenance. A less obvious perspective is that a smaller, efficient home on a modest lot can mean significantly lower utility and property tax bills compared to larger neighborhood averages, offering financial ease that isn't always apparent in the listing price.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is very close to the street average ($353k vs. $365.2k), but you’re getting a home built 23 years newer than the street’s average. This trade-off between size and modern construction is central to its valuation.
2. How does the smaller living area impact daily life?
At 800 sqft, the home is significantly cozier than the neighborhood average (~1,288 sqft). This necessitates efficient use of space and may not suit those needing multiple dedicated rooms or extensive storage. However, it can be ideal for simpler living.
3. What are the implications of the smaller lot size?
The lot is about 1,500 sqft smaller than the street average. This means lower outdoor maintenance but also limited potential for large additions, decks, or sprawling gardens. It’s a practical yard, not a private oasis.
4. The home sold between 2016-2025. Can I get the exact sale price?
The exact sale price is not published publicly due to industry rules. The site provides a range and offers to manually look up and email the verified historical figures upon request.
5. How does the year built (2000) benefit a buyer?
A 2000 build date means major systems like plumbing, electrical, and the roof are likely decades newer than those in many surrounding homes from the 70s and 80s. This can translate to greater reliability and lower immediate repair costs.