Property Overview: 114 Pinetree Crescent, Riverbend, Winnipeg
Key Characteristics & Appeal
This home at 114 Pinetree Crescent is a quintessential example of a well-established Riverbend property, built in 1991. With 1,140 sqft of living space on a 5,174 sqft lot, its metrics are consistently "around average" when compared to its immediate street, the wider neighborhood, and the city. This isn't a standout in sheer size or value, but that's precisely where its strength lies. It represents a stable, middle-ground option in a mature community. The home is slightly newer than many in Winnipeg, and its last known sale was in 2017 for between $300,000 and $350,000, with a current assessed value of $406,000.
The appeal here is one of predictability and community integration. It suits a first-time homebuyer or a downsizer looking for a manageable, low-drama entry into a settled neighborhood without the premium or the risks of a brand-new or extensively renovated property. It’s a home that likely won’t surprise you in terms of space or taxes, making budgeting straightforward. A thoughtful perspective is that its very "averageness" in a desirable area like Riverbend could be a strategic advantage, offering a lower barrier to entry while still providing the benefits of the location.
Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is $406,000, which is slightly above the street average but aligns with broader city averages. Market value can differ based on condition, updates, and market trends, so using this as a baseline and seeking a professional appraisal or comparative market analysis is recommended.
2. What does the "around average" ranking for living area mean for a growing family?
At 1,140 sqft, the living space is typical for the area. It should comfortably accommodate a small to medium-sized family, but those needing multiple large bedrooms or extensive dedicated spaces (like a home office and playroom) may find it cozy. Reviewing the specific floor plan is essential.
3. The home sold in 2017. What can that tell me?
The previous sale price (in the $300k-$350k range) provides a historical anchor point, showing appreciation over seven years. It suggests a stable ownership period, which can be a positive indicator of the neighborhood's appeal. For exact sale figures, you can request them directly from the site.
4. Is the lot size a pro or a con?
At just over 5,000 sqft, the lot is very typical for Riverbend but smaller than the Winnipeg city average for comparable homes. This means lower maintenance than a larger lot, but also less potential for expansive outdoor additions. It's a balanced, manageable size.
5. How current and reliable is this data?
The core data (living area, assessed value, year built) comes from official assessment records. Sold price data is compiled from public sources but is not from the MLS; the site offers a service to manually provide verified transaction history upon request to ensure accuracy.