Property Overview
112 Glencairn Road is a well-established home in Winnipeg's Riverbend neighborhood. Built in 1996, its primary appeal lies not in its above-average size, but in its exceptional and spacious lot. The property sits on nearly 10,000 sqft of land, placing it in the top tier for lot size both on its street and within the broader neighborhood. This creates significant potential for outdoor living, gardening, or future expansion. While the house itself is comfortable and in line with area averages for living space, its assessed value ranks among the highest on the street, suggesting the land and location are key value drivers.
This home would suit buyers looking for a solid, move-in ready property in a mature area who prioritize generous outdoor space over a brand-new build. It's ideal for those who value room to breathe, entertain, or simply enjoy a larger yard than is typically found in newer subdivisions. It also represents a stable investment in a neighborhood where property values, particularly for homes with larger lots, consistently perform above city averages.
Frequently Asked Questions
How does the lot size compare to nearby properties?
The lot is a standout feature. At 9,694 sqft, it is significantly larger than the average lot on Glencairn Road (~5,600 sqft) and in the Riverbend neighborhood (~5,250 sqft), ranking it in the top 4-6% of the immediate area.
Is the assessed value typical for the area?
No, it's notably higher. With an assessed value of $490k, this home ranks in the top 4% on its street and the top 11% in Riverbend. This premium is likely attributed to its very large lot and desirable location.
What does the sold price data indicate?
The home sold between $500k and $550k in September 2024. This sale price ranked in the top 3-4% for the street and area, confirming that the market places a high value on this specific property, consistent with its elite assessment.
How old is this home compared to others in Winnipeg?
Built in 1996, it is newer than the average comparable home across Winnipeg (average year built 1966), placing it in the top 19% citywide. On its street and in Riverbend, its age is right around the neighborhood average.
Where can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry rules. You can request the verified transaction history directly via email through the site, and it will be provided manually without obligation.