Property Overview: 66 Pinetree Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1989-built home on a standard-sized lot in Riverbend presents a practical and affordable entry point into a well-established neighborhood. Its key characteristic is its compact, 913 sqft living area, which is notably below average for the street, area, and city. This translates to a correspondingly lower assessed value ($348k), which sits below the local averages but aligns closely with the Winnipeg-wide benchmark. The home’s appeal lies in this value positioning: it offers ownership in a mature community without the premium price tag of larger homes on the same block. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property with a solid foundation in a neighborhood of generally newer and larger homes. A thoughtful perspective is that while the house itself is modest in scale, its "around average" rankings for year built and lot size within its immediate context suggest it fits the neighborhood’s physical profile, just at a more accessible size and price point. The recent sale history indicates steady market interest.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $348k is a municipal figure for tax purposes. Notably, it is below the street and neighborhood averages but very close to the city-wide average. Recent sold prices on the street (2020 and 2023) provide more direct, though approximate, market context.
2. How does the smaller living area impact value and livability?
The living area is consistently ranked below average across all comparison levels. This is the primary factor in its lower assessed value relative to neighbors. It requires a realistic assessment of space needs but can mean lower utility costs and less upkeep.
3. What does the "around average" year built (1989) mean for maintenance?
Built in 1989, the home is of an age where major components like the roof, windows, or HVAC system may be nearing or due for replacement. Buyers should budget for these potential updates, which is typical for homes of this vintage.
4. Are sold prices for this property available?
Approximate sold price ranges (in $50k bands) are shown for 2020 and 2023. To obtain the exact historical sold figures, you must request them directly via email from the site, as they do not display MLS data.
5. How does this property compare to others on Pinetree Crescent?
The data shows it ranks in the bottom half of the street for both living area and assessed value, meaning it is one of the smaller and more affordable homes on the block. However, its lot size and age are very typical for the crescent.