Property Overview: 11 Arklie Place, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 1994, presents a practical and comfortable living space. With 1,150 sqft of living area and a 4,383 sqft lot, its size is consistently around the average for both the neighborhood and the wider city, offering a manageable footprint without feeling cramped. The home’s assessed value of $382k is notably below the street average but aligns closely with the Winnipeg citywide average, suggesting it may represent a relative value within its immediate locale.
The appeal lies in its established, stable setting. It suits first-time buyers or downsizers seeking a lower-maintenance property in a mature neighborhood, where the home’s scale and value are in line with broader market norms. A thoughtful perspective is that while the living area is modest for the street, this can translate to lower utility costs and upkeep. The lot size, though smaller than some in the area, provides adequate outdoor space without being burdensome. This property is for the buyer who prioritizes a sensible, move-in-ready home in a convenient area over standout size or premium finishes.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The assessed value of $382k is below the street average of approximately $422k, ranking it 14th out of 15 comparable homes. This could indicate a value opportunity or reflect differences in updates or specific lot characteristics.
2. What is the exact price it last sold for?
Public records show it sold between $450k and $500k in May 2022. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display MLS data.
3. Is the living space considered small?
At 1,150 sqft, it is below the average for Arklie Place but is very close to the Riverbend neighborhood average (1,288 sqft) and near the city average. It offers a functionally sized layout typical of many Winnipeg homes.
4. How does the lot size compare?
The lot of 4,383 sqft is slightly below the street average and more notably below the neighborhood average. It is, however, a manageable size for gardening and outdoor enjoyment without excessive maintenance.
5. What does the year built tell us about the home?
Built in 1994, the home is newer than the average Winnipeg house. It likely incorporates modern construction standards while still being part of a long-established community, potentially offering a balance of reliability and mature landscaping.