Property Summary: 12 Puffin Place, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 12 Puffin Place is a well-positioned property in Winnipeg's River East neighborhood, built in 1976. Its key appeal lies in its balance of space and value. With 1,140 sqft of living area, the house is very typical for its street and area, offering a comfortable, average-sized family layout without standing out as unusually large or small.
The property’s most distinctive feature is its generous 9,226 sqft lot, which is significantly above average for both the neighborhood and the city. This presents a major opportunity for outdoor living, gardening, or future expansion. The assessed value of $407k is the highest on its street, suggesting it is well-maintained or has features that set it apart locally, though it aligns more closely with averages in the wider area.
This home would suit practical buyers looking for a solid, established property in a mature neighborhood. It’s ideal for someone who values a larger yard over a sprawling house and appreciates a home that holds its value well within its immediate community. It represents a stable, grounded choice rather than a standout bargain or a luxury offering.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $407k is for municipal tax purposes and is a useful benchmark, but market conditions ultimately determine the sale price. Given it's the highest assessment on the street, it indicates the property is likely in good condition relative to its neighbors.
2. What does the lot size mean for me practically?
At over 9,200 sqft, the lot is notably larger than most in Winnipeg. This means more private outdoor space, room for additions like a shed or deck, and potentially fewer space constraints than typical city lots.
3. The home was last sold in 2016. What can that tell me?
The previous sale (between $300k-$350k) eight years ago shows a history of ownership stability. The increase to the current assessed value reflects market appreciation over that period. A long-term owner can sometimes indicate a well-cared-for home.
4. How does this home compare to others nearby?
The data shows it has a larger lot and a higher assessed value than most on its street. Compared to the broader River East area, the living space is average, but the lot size is well above average, which is a key differentiator.
5. Where can I get exact historical sale prices?
The provided sold price is an estimated range from public records. For fully verified and exact sale figures, including a complete transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here.