Property Overview: 68 Riverbend Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 68 Riverbend Avenue in the Minnetonka neighbourhood presents a balanced offering with a few distinct advantages. Built in 1970, it is notably newer than many homes on its street and in the immediate area, which may suggest updated infrastructure or building materials compared to older neighbours. The property’s standout feature is its generous 9,062 sqft lot, which ranks well above the Winnipeg city-wide average, offering significant outdoor space and potential.
The living area of 1,176 sqft is modest and roughly average for its context, indicating a home suited for a smaller household or those comfortable with efficient use of space. Its assessed value is strong relative to its own street, suggesting it may be viewed favorably in its most direct comparison group. The home last sold between 2019 for an estimated $300k-$350k.
The appeal lies in this combination of a newer-than-average build on a larger-than-average lot within the city. It suits a buyer looking for a manageable-sized home with room to grow outdoors, perhaps a gardener, someone with pets, or a buyer who values the possibility of future expansion. It may also attract those interested in a home with potentially fewer immediate major maintenance concerns due to its relatively younger age for the area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is significantly larger than the Winnipeg average. At 9,062 sqft, it ranks in the top 8% city-wide, meaning over 92% of comparable properties have less land.
2. Is this a newer or older home for the neighbourhood?
It is newer than most in its immediate vicinity. Built in 1970, it ranks in the top 25% (newer) on its own street, where the average home was built around 1958.
3. What does the assessed value ranking indicate?
With an assessed value ranking in the top 30% on its street, this property is valued higher than most of its direct neighbours. This could reflect its condition, lot size, or the fact it's a newer build on the block.
4. How does the home's size compare inside?
The 1,176 sqft living area is close to the city-wide average but is somewhat smaller than the average home on its street and in the Minnetonka area. It is a comfortably sized but not expansive layout.
5. Can I get the exact historical sale price?
The provided sale price from 2019 is a range based on public data. The exact sale price can be requested by email from the listing service, which provides it manually without using your email for marketing.