Property Overview
63 Horrox Bay is a well-situated home in Winnipeg's Riverbend neighbourhood, built in 2000. With 1,164 sqft of living space on a 4,004 sqft lot, it presents a practical and modern footprint. Its assessed value of $419k sits slightly above the citywide average, reflecting its desirable age and location. The home sold in mid-2024 for an estimated $450k–$500k.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance and positioning. It is a newer home relative to most in Winnipeg, offering modern construction without being the largest on its street. While its living area and lot size are modest compared to immediate neighbours, this translates to lower maintenance and utility costs—a practical advantage. Its value is solidly average for the broader Riverbend area and city, suggesting a stable, established investment without a premium for excessive size.
It would suit first-time buyers or downsizers seeking a modern, low-maintenance home in a mature neighbourhood. The data indicates you’re paying primarily for the home’s condition and age rather than expansive square footage, making it ideal for those who prioritize efficient living space over sheer size.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The data suggests it offers a value proposition. It has a newer build year than most on Horrox Bay, but with a smaller footprint and lot. This likely results in a lower price point than the street average, appealing if you want the neighbourhood but not the largest home.
2. How does the lot size impact potential for expansion or outdoor space?
At 4,004 sqft, the lot is below average for the area. This may limit possibilities for major additions or extensive landscaping. However, it is sufficient for a patio, garden, or play area and reduces yard maintenance.
3. The sold price is shown as a range. How can I get the exact figure?
The site provides sold price ranges publicly. To receive the exact, verified sold price, you must request it via email from the service, as they manually look up the transaction history outside of MLS data.
4. What does the "above average" year built mean for maintenance?
Built in 2000, the home is newer than most in Winnipeg. This typically implies updated major systems (like wiring and plumbing) and potentially fewer immediate, costly repairs compared to older homes, though a standard inspection is still essential.
5. The living area is below the street average. Will the home feel small?
At 1,164 sqft, it is cozier than many neighbours but is very close to the neighbourhood and city averages. The efficient use of space in a home of this age often means well-designed layouts. It’s best suited for individuals, couples, or small families.