Property Overview: 27 Riverbend Avenue, Winnipeg
Key Characteristics & Appeal
This home at 27 Riverbend Avenue in Minnetonka is a practical, no-frills property built in 1972. Its key appeal lies in its efficiency and value proposition. With 988 square feet of living space, the house is notably compact—smaller than most comparable homes on its street, in the area, and across Winnipeg. This positions it as a lower-maintenance option, potentially appealing to those looking to minimize space they don't need.
The lot size of 6,834 sqft is a standout feature, ranking in the top 18% city-wide, meaning you get more outdoor space than most Winnipeg properties. This offers a nice balance: a modest home on a generous lot, ideal for gardening, outdoor living, or future expansion. The assessed value is consistently around the average for its immediate vicinity, suggesting it's priced in line with the local market rather than carrying a premium.
This property would best suit first-time buyers, downsizers, or value-focused investors seeking an entry point into the market. It’s for someone who prioritizes land over square footage and sees potential in a home that is simpler and more manageable than larger, older houses in the neighbourhood.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 988 sqft, the living area is below average for the street, the Minnetonka area, and the city. It's a compact, efficient layout.
2. What is the significance of the lot size?
The lot is 6,834 sqft, which is larger than over 80% of residential lots in Winnipeg. This is a key asset, providing ample private outdoor space uncommon for many city properties.
3. How does its age compare to neighbours?
Built in 1972, it is newer than most homes on Riverbend Avenue (where the average year built is 1958). This could mean relatively newer major systems compared to many nearby houses.
4. What was it last sold for?
Public records indicate a sale between CA$250,000 and $300,000 in 2016. For the exact sale price, you can request the information directly via the provided email service.
5. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same street and cul-de-sac (Robertson Crescent), suggesting a quiet, established residential area. A similar nearby property at 29 Woodlawn Avenue is referenced as being larger and with a higher assessed value.