Property Overview: 83 Gateside Way, Riverbend, Winnipeg
Key Characteristics & Appeal
This home presents a practical, move-in-ready opportunity in the established Riverbend neighborhood. Built in 2003, it is newer than most homes in Winnipeg and is among the newest on its street, suggesting modern construction and potentially lower immediate maintenance. With 1,487 sqft of living space, it offers above-average roominess for the Riverbend area while being a manageable size.
The appeal here is one of balance and value. The assessed value of $432k sits below the street average but aligns with city and neighborhood norms, indicating a competitively priced entry into a desirable area. A thoughtful perspective is that while the lot size is smaller than most comparables, this often translates to less yard upkeep—a plus for busy professionals or those seeking a low-maintenance lifestyle. The home’s strength is its efficient use of space on a smaller parcel, offering modern living without the burden of a large, unused yard.
This property would suit first-time buyers or downsizers looking for a modern, low-maintenance home in a mature neighborhood. It’s also a sensible fit for value-conscious buyers who prioritize being in a specific community like Riverbend and are comfortable with a cozier lot to achieve that goal.
Frequently Asked Questions
How does the lot size impact daily living?
While smaller than many lots on the street, the yard is still a usable private space. The trade-off is less time spent on maintenance and landscaping, which can be a benefit for many.
Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a useful benchmark. This home’s assessment is below the street average but aligned with the wider area, suggesting it may be priced fairly within the current market context.
What does the home’s age (2003) mean for a buyer?
A 2003 build is relatively new for Winnipeg. Buyers can expect modern building standards, but should still be prepared for the routine maintenance and updates that come with a home entering its third decade, such as appliances, roofing, or flooring.
How does this home compare to others on the street?
It offers a newer build year than most, with a living area close to the street average. The key difference is the smaller lot and a lower assessed value, which is reflected in its below-average ranking for land area and value on Gateside Way specifically.
Where can I find verified past sale prices for this home?
The provided data shows an estimated sale range from 2017. For a fully verified transaction history and exact figures, you must request a manual lookup from the site provider, as MLS data is not displayed publicly here.