Property Overview: 113 Spruce Thicket Walk, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 113 Spruce Thicket Walk in Riverbend is a study in balance and represents a solid, middle-ground option in the Winnipeg market. Built in 1987, it offers 1,271 sqft of living space on a 4,839 sqft lot, with an assessed value of $385k. The data consistently shows it performs "around average" across nearly every metric—size, value, and lot—when compared to its street, neighborhood, and the wider city. This isn't a standout luxury property or a fixer-upper; its primary appeal is its predictability and stability within a well-established community.
The home would suit pragmatic buyers looking for a straightforward entry into a mature neighborhood without unexpected extremes. It’s ideal for someone who values a known quantity—a home that aligns closely with community norms in size and value, suggesting lower risk of overpaying or facing unusual comparables. A thoughtful perspective is that its consistent "average" rankings could indicate a property that is easier to finance and appraise, as it doesn't defy local market patterns. It may also appeal to those who prefer a settled streetscape, as the homes on Spruce Thicket Walk were largely built around the same period.
Section 2: Frequently Asked Questions
1. Is this home priced fairly compared to its neighbors?
The assessed value of $385k is very close to the street average ($390.1k) and slightly below the Riverbend neighborhood average ($410.2k). This positioning suggests it is priced in line with immediate comparables and may even represent a relative value within the broader area.
2. How does the size of this home compare to others nearby?
At 1,271 sqft, the living area is almost identical to the averages for both the street (1,255 sqft) and the Riverbend neighborhood (1,288 sqft). You are getting a typical-sized home for this specific location.
3. The home was built in 1987. Is that older than most in the area?
On Spruce Thicket Walk, 1987 is the average build year. However, within the larger Riverbend neighborhood, which has an average build year of 1993, this home is slightly older. City-wide, it is newer than the average Winnipeg home. This indicates a mature, established street within a neighborhood that has some newer subdivisions.
4. What was the recent sale history?
Records indicate the property sold between $350k-$400k in October 2023. This sale price placed it in the top 35% for its street, top 50% for Riverbend, and top 43% city-wide for comparable sales at that time.
5. Where can I get verified sale price data for this home?
The provided sold price is a range based on public data. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as this information is not sourced from the MLS.