Property Overview: 8 Shalimar Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,154 sqft bungalow, built in 1993, presents a practical and affordable entry point into Winnipeg’s established Riverbend neighborhood. Its core appeal lies in its balance and position within a mature community. While the living area and lot size (4,332 sqft) are modest compared to others on Shalimar Crescent, the home’s assessed value of $403K sits comfortably around the neighborhood average and above the city-wide average, suggesting a stable, recognized value for its type.
The home suits first-time buyers or downsizers seeking a manageable property without the upkeep of a larger lot or an older home. Its year of construction is a relative strength, newer than many Winnipeg homes and on par with the area, potentially meaning fewer immediate concerns about aging components. A thoughtful perspective is that this property represents the "floor" of the street—offering access to the neighborhood at a lower price point, which can be a strategic advantage for building equity. The last known sale was between 2016-2020 for an estimated $300K-$350K, indicating significant appreciation since then.
Frequently Asked Questions
1. Is this home smaller than others in the area?
Yes. At 1,154 sqft, the living area is below the average for Shalimar Crescent itself but is around the average for the broader Riverbend neighborhood, making it a typically sized home for the community, just on a street with some larger properties.
2. What does the assessed value tell me about the price?
The $403K assessment is a municipal valuation for tax purposes, not a market price. However, it benchmarks the home as above the Winnipeg average for similar properties, indicating its perceived value is solid within the city context.
3. How does the lot size impact the property?
The lot is below average for the street but around average for the neighborhood. This means less yard maintenance, which can be a benefit, but may offer less privacy or expansion potential compared to immediate neighbors.
4. When was it last sold, and for how much?
Records indicate a sale between 2016 and 2020 for an estimated $300,000 to $350,000. For verified, exact sale history and prices, you must request a manual lookup from the site via email.
5. Are the sold prices and comparisons on this page from the MLS?
No. The sold price data and comparative analytics are compiled from public sources, not the MLS. While considered reasonably reliable, for fully verified transaction history, you need to contact the site directly for a manual records check.