Property Overview: 62 Spruce Thicket Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This home in Riverbend presents a compelling blend of space, lot size, and established character. Its key strength is its above-average living area (1,580 sq ft) and notably generous lot (over 7,400 sq ft), ranking it in the top tier for space on its own street. Built in 1988, it is one of the newer homes on Spruce Thicket Walk, suggesting potentially fewer major age-related concerns than some direct neighbors.
The appeal lies in its balanced positioning. It offers more interior and yard space than most comparable homes in the immediate area, while its assessed value sits comfortably around the Winnipeg average. This creates a value proposition for buyers seeking a well-sized property in a mature neighborhood without a premium price tag. It would particularly suit a buyer who prioritizes outdoor space for gardening or family play over a brand-new build, and who appreciates the stability of an established, sought-after street.
A less obvious perspective is its potential as a longer-term hold. Its above-average attributes on a street where it is already a standout could position it well as the neighborhood continues to evolve.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in March 2017 for an estimated $300k–$350k. Current assessed value is $434k. For precise, verified sale prices of this home and recent comparables, a manual lookup through the site is required.
2. Is the lot size typical for the area?
No, the lot is a significant feature. At 7,431 sq ft, it is substantially larger than the average lot on Spruce Thicket Walk (~5,452 sq ft) and in the broader Riverbend neighborhood (~5,255 sq ft).
3. What does the “Elite” ranking for year built mean?
It means this home (built in 1988) is the newest among the 52 comparable homes analyzed on Spruce Thicket Walk. The street average is 1987, so while it’s only a year newer, that places it at the top of this specific ranking.
4. Are property taxes likely to be high given the assessed value?
The assessed value of $434k is above the street average but around the citywide average. Taxes would be calculated based on this assessment and the annual municipal mill rate. It ranks in the top 8% on its street for assessed value, so taxes may be higher than some immediate neighbors.
5. How does the living space compare to nearby reference properties?
At 1,580 sq ft, it offers more living area than most referenced nearby homes, which range from 1,040 to 1,612 sq ft. It provides a balance, being larger than many while maintaining a lot size that exceeds all listed comparables.