Property Overview
123 Horrox Bay is a well-established home in Winnipeg's Riverbend neighborhood. Built in 2000, it offers 1,400 sqft of living space on a 4,962 sqft lot, with a current assessed value of $459,000. The data shows a home that consistently performs above average in its immediate area for value and lot size, while offering modern amenities for its age.
Key Characteristics & Appeal
This property’s primary appeal lies in its solid, above-average positioning within its local market. It’s not the largest or newest on the block, but it scores highly for assessed value, indicating a perception of quality and desirability that outpaces many direct neighbors. The lot size is also generous for the street, offering good outdoor space. A thoughtful perspective is that it represents a "sweet spot" – it avoids the premium price of the newest builds while being newer than the city and neighborhood average, potentially meaning fewer major maintenance concerns than older stock. It last sold in mid-2023 in the $450k-$500k range, suggesting a stable and active market.
It would suit practical buyers looking for a move-in ready home in a mature neighborhood, who value space and a solid investment profile over cutting-edge design. It’s ideal for someone who appreciates data-backed value—a home that ranks well on key metrics without being the absolute top-tier, which often commands a significant price jump.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,400 sqft, the living area is very close to the average for the street (1,395 sqft) and slightly above the city average. It offers a comfortable, standard family size without being overly large.
2. Is the assessed value a good indicator of the selling price?
The assessed value of $459k is above average for the street, area, and city. While sale prices are influenced by current market conditions, this consistent above-average assessment suggests a strong valuation foundation. The home last sold for between $450k and $500k in 2023.
3. What does the year built tell me about the property?
Built in 2000, the home is newer than most in Winnipeg (city average is 1966). It’s likely to have modern wiring, plumbing, and insulation, potentially reducing immediate upgrade costs compared to much older homes.
4. How does the lot size impact the property?
At just under 5,000 sqft, the lot is larger than average for Horrox Bay. This means more private outdoor space, gardening potential, and distance from neighbors than many homes on the same street.
5. Where can I get verified sale price history?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup by email, as this information is not sourced from the MLS system.