Property Overview: 103 Pinetree Crescent, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home presents a practical and comfortable living space. Its primary appeal lies in offering above-average interior space within a mature, established neighborhood. At 1,518 sqft, the living area is notably larger than most comparable homes on its street and in the wider Riverbend area, suggesting a efficient and roomy floor plan. Built in 1989, the home is newer than the majority of Winnipeg's housing stock, which can be appealing for maintenance considerations.
The property’s assessed value of $377k is consistently around the average for its immediate area and city-wide, indicating a stable, market-aligned investment without a significant premium for the location. A thoughtful perspective is that the home occupies a smaller lot (4,186 sqft) than most neighbors. This could be a downside for those seeking extensive outdoor space, but an advantage for buyers who prefer lower yard maintenance without sacrificing indoor square footage.
This home would suit first-time buyers or downsizers looking for a move-in-ready property in a settled community. It’s ideal for someone who values more interior room for their budget and prefers a home that aligns with neighborhood norms rather than standing out as an outlier in price or size.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is a key strength. It ranks in the top 13% on its own street and top 22% in the Riverbend neighborhood for size, meaning it offers more interior space than most direct comparables.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $377k is very close to the city-wide average for similar homes and aligns with recent sold prices in the area. It serves as a reliable baseline, though market conditions and the home’s specific condition will ultimately determine the sale price.
3. What should I know about the lot size?
The lot is smaller than the average for the street and city. This means less yard to maintain, but also potentially less private outdoor space. It’s worth considering how you plan to use the outdoor area.
4. Are sold prices for this property available?
The site indicates a sold price between $350k-$400k in June 2022. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. The home was built in 1989. What does that mean for maintenance?
While newer than the Winnipeg average, a home of this age is likely to have seen updates to major systems. Prospective buyers should pay particular attention to the condition of the roof, windows, and HVAC, which may be nearing or past their typical lifespans.