Property Overview: 27 Harewood Close, River East, Winnipeg
Key Characteristics & Appeal
This home at 27 Harewood Close presents a compelling opportunity in Winnipeg's River East neighborhood. Its primary strengths are its generous proportions and established setting. The 1,822 sqft living area is consistently above average for the street, neighborhood, and city, offering more interior space than most comparable homes. The standout feature, however, is the land. The 11,114 sqft lot is not only large for the street but ranks in the elite top 4% city-wide, providing exceptional outdoor space and privacy that is increasingly rare.
Built in 1980, the home is of a typical vintage for the area, suggesting a balance of established community character and potential for updates. With an assessed value of $489k, it sits above local averages, reflecting its larger footprint and lot size. The appeal lies in securing a property that outperforms benchmarks on space—both inside and out—within a mature neighborhood. It would suit buyers prioritizing room to grow, garden, or entertain over a brand-new build, and who see value in a home with established infrastructure on a sizable, premium lot.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $489k is for municipal tax purposes and is a useful benchmark against neighbors. The last known sale was between $350k-$400k in late 2019. Market conditions, property condition, and updates since then will determine the current listing and sale prices.
2. What does the "elite" city-wide ranking for land area mean practically?
Ranking in the top 4% of Winnipeg for lot size means this property offers a level of outdoor space that is uncommon. It provides significant potential for gardening, recreation, additions, or simply enjoying more privacy than typically found in the city.
3. Are the sold prices shown for this exact house?
The sold price range provided ($350k-$400k) is for this property's last transaction in 2019. The other sold prices listed are for different reference properties in the area, provided for market comparison.
4. The home is above average in size and value for the street. Is that a concern?
Being above average on a street can be a sign of a premium property, but it's wise to understand why. Here, it's driven by larger interior and lot sizes. This typically supports value but means property taxes may be higher than on smaller lots nearby.
5. How can I verify the exact historical sold prices?
The site notes that exact sold price figures are not displayed publicly due to data source rules. You can request the exact sale history for this property directly via email through the site's provided service for manually verified data.