Property Overview: 95 Horrox Bay, Winnipeg
Key Characteristics & Appeal
This home at 95 Horrox Bay in the Riverbend neighborhood presents a solid, above-average offering in several key areas. Built in 2000, it is newer than most Winnipeg homes and sits on a standard-sized lot for its immediate street. Its primary strengths are its spacious 1,478 sqft living area, which is larger than most comparable homes on its street and in Riverbend, and its assessed value of $475k, which ranks in the top 15% of the neighborhood. This suggests a well-regarded property relative to its local market.
The appeal lies in its position as a established, modern home in a mature neighborhood, offering more interior space than many of its peers. It suits buyers looking for a move-in ready property from the 2000s that stands out in its immediate area for size and perceived value, without requiring the upkeep of an older home. A thoughtful perspective is that while the lot is average for the street, it is below the neighborhood average, which may appeal to those seeking less yard maintenance but is a consideration for buyers prioritizing extensive outdoor space. The significant price appreciation between its 2017 and 2021 sales also indicates strong historical demand for this specific property.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows this home excels in living space and assessed value on its street and in Riverbend. However, its lot size is more modest compared to the broader neighborhood average, which is a common trade-off in newer subdivisions within established areas.
2. What does the assessed value tell me about the listing price?
The assessed value of $475k is a municipal valuation for tax purposes, not a market price. It being in the top 15% locally indicates the city assesses it as a higher-tier home in Riverbend, but a market price would be determined by current conditions, recent upgrades, and buyer competition.
3. The home sold in 2021 and 2017. Is that recent sales history relevant?
Yes, it shows a pattern of steady appreciation. The sold price jumped from the $350k-$400k range in 2017 to the $500k-$550k range in 2021. This history can inform trends, but the current market may differ.
4. The home is newer than the city average, but what about major systems?
Built in 2000, major components like the roof, furnace, and windows are likely original or nearing the end of their typical lifespan. A pre-purchase inspection would be crucial to assess their condition and plan for potential updates.
5. Where can I get verified, exact sold prices for this home?
The site provides estimated price ranges. Due to industry regulations, exact MLS sold prices are not displayed publicly. You can request the exact historical figures via email from the site provider, who will manually look them up and send them to you.