Property Overview: 91 Swinford Way, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 2003, presents a compelling case based on its strong performance in key metrics. Its primary appeal lies in offering above-average space and value within a desirable neighborhood.
The 1,675 sqft living area is notably spacious, ranking in the top 11% for Riverbend and exceeding averages at the street, neighborhood, and city-wide levels. This suggests a home that feels roomier than many of its peers. The assessed value of $522k is a standout feature, ranking in the elite top 4% for the neighborhood and well above local averages. This indicates a property perceived to have high quality, desirable features, or an excellent location within Riverbend. While the lot size is fairly typical for the street, the home's age is slightly older than the immediate street average but is still newer than most homes in Winnipeg overall.
This property would suit buyers looking for a move-in ready home from the early 2000s that offers more interior space than the norm. It’s ideal for someone who values a strong investment profile, as evidenced by its high assessed value ranking, and wants to be in a mature, established neighborhood like Riverbend. It may particularly appeal to those who prioritize interior square footage over a very large yard.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is a strong indicator of the property’s standing relative to its peers. With an assessment in the top 4% of Riverbend, it suggests a premium property, but the final sale price will be determined by the current market.
2. The home is slightly older than others on the street. Should I be concerned?
Built in 2003, the home is still relatively modern and is newer than most homes in Winnipeg. This age often means established landscaping and any initial "newness" issues have likely been resolved, while major systems may still have considerable life left.
3. What does the sold price data from 2019 tell us?
The previous sale in the $400k-$450k range (2019) provides a historical baseline. The current assessed value of $522k reflects market appreciation and changes in the property's valuation over five years, highlighting significant growth.
4. Is the lot size a drawback?
At just under 5,000 sqft, the lot is average for Swinford Way and Riverbend. It provides standard outdoor space for the area. The trade-off is clear: this property prioritizes above-average indoor living space over an above-average yard.
5. How can I verify the exact past sale prices?
Due to industry regulations, exact MLS sale histories are not published on this site. You can request the exact sold price history for this property via email from the site provider, who will manually look up and provide the verified figures.