Property Overview: 116-230 Bonner Avenue, River East, Winnipeg
Key Characteristics & Appeal
This is a modern, low-maintenance property built in 2016, offering a turnkey lifestyle in Winnipeg's River East neighborhood. Its primary appeal lies in its contemporary construction, which stands out significantly in an area of mostly older homes. At 1,073 sqft with an assessed value of $328k, it presents as a solid, average-sized home for the immediate street and neighborhood, but it holds above-average value when viewed across the entire city.
The home is ideally suited for first-time buyers or downsizers seeking a newer build without a premium suburban price tag. It also appeals to pragmatic investors or owners who prioritize modern systems (like plumbing, wiring, and insulation) over character, wanting to minimize immediate renovation costs and upkeep. A thoughtful perspective is that while the living space is typical for the area, its newer age could mean lower utility and maintenance costs compared to direct neighbors, offering a different kind of value beyond square footage. The data suggests it’s a stable, middle-ground property—not the largest or most valuable on the block, but one of the most recent and efficient builds in a well-established community.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
Its assessed value of $328k ranks within the top 23% city-wide for comparable homes, indicating it holds above-average value across Winnipeg, despite being around the average for its specific street and neighborhood.
2. What does the "Elite" ranking for year built mean?
This means the home, built in 2016, is newer than 99% of comparable properties on Bonner Avenue and in the River East area. It is one of the newest homes in the vicinity, which is a key distinguishing feature.
3. Are the sold price figures shown exact?
No. For non-registered users, sold prices are shown in broad ranges (e.g., CA$300k–350k). To receive verified, exact historical sold prices for this property, you must request them via email from the site.
4. The listing shows several addresses at "230 Bonner Avenue." What is this?
This indicates a multi-unit property, such as a townhouse or condo complex. 116-230 Bonner Avenue is one specific unit within that development.
5. Where does this data come from, and is it guaranteed?
The data is compiled from public sources and is not from the MLS. The providers note that while they strive for reliability, they do not guarantee absolute accuracy. For fully verified figures and transaction history, a manual lookup via email is required.