Property Overview: 3 Harewood Close, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 3 Harewood Close in River East presents a balanced, middle-of-the-road offering in the Winnipeg market. Its key appeal lies in its solid positioning as an average-sized home (1,317 sqft) on a slightly larger-than-average city lot (6,741 sqft), providing good space efficiency. Built in 1983, it is newer than most homes in its immediate area, which can be a plus for systems and maintenance.
The property’s assessed value of $429k sits above the neighborhood and city averages, but it is actually below the average for its own street. This creates an interesting dynamic: you’re acquiring a home that is competitively priced within its direct peer group on Harewood Close, yet it holds a value premium in the broader context of River East and Winnipeg. This could signal a well-regarded location or simply reflect its newer construction.
It would best suit pragmatic buyers looking for a established neighborhood home without extreme outliers—neither the largest nor the smallest, but a comfortable, manageable size. It’s a fit for those who value a decent lot size and newer construction vintage within an older area, and who are comfortable with a value that is already well-established in the community rather than being an undiscovered bargain.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
The data suggests a mixed picture. Its assessed value is below the street average, which could indicate relative value on Harewood Close. However, it is above the averages for the wider neighborhood and city, so its value is strongly tied to the desirability of this specific street and the home’s newer age.
2. How does the lot size compare?
The lot of 6,741 sqft is smaller than others on the street but is actually above the average lot size for the entire city of Winnipeg. This means you get more outdoor space than many Winnipeg homes, though less than the immediate neighbors.
3. What does the sold price history indicate?
Records show it last sold between $350k-$400k in October 2020. The current assessed value of $429k reflects market appreciation since that sale. For exact historical sold prices, a manual lookup via the site’s email request service is needed.
4. Is the living space considered small?
At 1,317 sqft, it is below the street average but aligns closely with the citywide average. It’s a typically sized home for Winnipeg, though slightly more compact than others directly on Harewood Close.
5. What are the possible implications of it being a newer build on the street?
Being built in 1983, it is newer than most homes on the block. This can be an advantage regarding the age of roofing, windows, and major systems, potentially reducing near-term capital costs. However, it doesn’t guarantee updates, so the condition of interior components (like kitchens and bathrooms) should still be verified.