Property Summary: 63 Frog Plain Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 2005, presents a solid and modern offering within a mature neighbourhood. Its primary appeal lies in its strong positional value. While the 1,465 sqft living area is typical for its immediate street, it stands notably above the neighbourhood average, suggesting a more spacious interior compared to many nearby homes. This is reflected in its assessed value of $474k, which ranks well above average for both Riverbend and Winnipeg overall, indicating a perception of quality and desirability within its market context.
The property suits buyers seeking a move-in ready home from the 2000s, avoiding the maintenance concerns of much older inventory. It’s ideal for someone who values a neighbourhood with established amenities and streetscapes but prefers a home that is relatively contemporary. A thoughtful perspective is that this home represents a "sweet spot" in its area—newer than the neighbourhood's average build year, yet on a smaller, more manageable lot than the citywide norm, potentially appealing to those who want space indoors with less yard upkeep.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,465 sqft, the living area is very close to the average on Frog Plain Way itself but is larger than approximately 71% of similar homes in the broader Riverbend neighbourhood, making it a spacier option within the community.
2. Is the assessed value in line with recent sales?
The assessed value of $474k is above the city and neighbourhood averages. A home on this street sold for between $500k-$550k in April 2022, which placed it in the top 5% of the area at that time, suggesting a history of strong market performance.
3. What does the year built tell us about the property?
Built in 2005, this home is newer than about 90% of comparable properties in Riverbend and 85% citywide. This typically implies modern construction standards, newer major systems (like roof and HVAC), and potentially less immediate need for major renovations.
4. How does the lot size impact the property?
The 4,395 sqft lot is fairly typical for the street and neighbourhood but is below the citywide average. This may appeal to buyers looking for a lower-maintenance yard while still having private outdoor space.
5. Where can I get verified sale price history for this property?
The provided data notes that exact sold prices are not displayed due to industry rules. You can request the full transaction history and exact figures via email from the site, which will perform a manual lookup.