Property Overview: 11 Carrie Cove, River East, Winnipeg
Key Characteristics & Buyer Appeal
This 1,501 sqft home, built in 1980 on a 5,733 sqft lot, presents a compelling middle-ground proposition in the Winnipeg market. Its primary appeal lies in its balanced positioning: it offers above-average space compared to the typical Winnipeg home while carrying an assessed value ($431k) that is competitive both city-wide and within the desirable River East neighborhood. The data suggests it's a solid, established property that doesn't stand out dramatically in any single category but offers a reliable package.
The home would suit practical buyers looking for value and stability. It's ideal for those who prioritize more interior space and a neighborhood (River East) that outperforms the city average, but who are less concerned with having the largest lot or the newest home on the block. A thoughtful perspective is that this property represents a "neighborhood play"—it allows entry into a well-regarded area at a value that sits below the street's average, offering potential for incremental value alignment over time. It’s a sensible choice for families or long-term owners seeking a comfortable home without the premium price tag of the most updated or largest properties nearby.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in July 2021 for an estimated $450k-$500k, which was in the top 25% of sales for Carrie Cove at that time. Its current assessed value of $431k is below the street's average of $455.5k, suggesting it may be positioned competitively.
2. Is the living space considered large for the area?
At 1,501 sqft, the living area is slightly above the neighborhood average and notably above the Winnipeg average. However, it is smaller than the typical home on Carrie Cove itself, where the average is 1,653 sqft.
3. What should I know about the lot size?
The 5,733 sqft lot is the smallest among the 11 homes on Carrie Cove. It is roughly average when compared to the wider city and neighborhood, so outdoor space is adequate but not expansive relative to its immediate neighbors.
4. The home was built in 1980. Is that older than surrounding homes?
Yes. At 46 years old, it is one of the older homes on its street, where the average build year is 1984. Compared to the broader River East area and Winnipeg, however, it is actually newer than the average.
5. How can I get the exact historical sold prices?
The displayed sold prices are estimated ranges. Due to industry rules, exact MLS sold records are not published on the site. You can request the full transaction history and exact figures via email from the site provider, who will manually look up and send the information.