Property Overview: 86 River Ridge Drive, Rivergrove, Winnipeg
Key Characteristics & Appeal
This 2013-built home in Rivergrove presents a compelling blend of modern convenience and established value. With 1,745 sqft of living space, it sits comfortably above the Winnipeg average, offering ample room for a growing family or those seeking a bit more space. The nearly 8,000 sqft lot is a significant asset, providing generous outdoor space that is larger than most on its street and across the city—a notable perk for privacy, gardening, or future expansion.
The home’s appeal lies in its strong positional value. While its size is typical for its immediate street and neighborhood, its assessed value of $633k places it well above average for both Rivergrove and Winnipeg overall, indicating a premium property within a desirable area. Its 2013 build date is a standout feature, making it newer than over 99% of homes in Rivergrove, which suggests modern construction standards, likely greater energy efficiency, and less immediate need for major updates compared to older stock.
This property would suit buyers looking for a move-in ready home in a mature neighborhood without sacrificing modern amenities. It’s ideal for professionals or families who value a larger lot and a newer build, and who see the long-term advantage in a home that already ranks in the top tiers for value city-wide. A thoughtful perspective: this home offers the rarity of a contemporary structure in a settled community, potentially providing the best of both worlds—avoiding the pitfalls of a brand-new development while sidestepping the renovation projects common with older houses.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold between $550k-$600k in mid-2019. Its current assessed value of $633k is above the street average, placing it in the top 35% of comparable sales for the area historically.
2. What does the “Above Average” city-wide ranking for assessed value mean?
It means this home’s official assessed value is higher than approximately 94% of comparable homes across Winnipeg. This typically reflects a combination of its newer age, larger lot, and desirable location within the broader market.
3. Is the living space considered large for the area?
At 1,745 sqft, the living area is slightly below the current average for both River Ridge Drive and the Rivergrove neighborhood. However, it remains significantly above the Winnipeg city average, indicating a comfortably sized home in a neighborhood of generally larger properties.
4. Why is the year built such a standout feature?
Built in 2013, this home is newer than about 99% of homes in Rivergrove, where the average build year is 1999. This suggests more contemporary building materials, layouts, and systems, which can mean lower maintenance costs in the near term.
5. Where can I find verified, exact historical sale prices?
The public data shows sold price ranges. For fully verified and exact transaction figures, you must request a manual lookup from the site provider, as this information is not sourced from the MLS and is not displayed directly on the page.