Property Overview: 125 Spruce Thicket Walk, Winnipeg
Key Characteristics & Appeal
This 980 sqft home in Riverbend, built in 1987, presents a practical and affordable entry point into the Winnipeg market. Its core appeal lies in its value positioning. While the living area is below average for the street, neighborhood, and city, this is reflected in its assessed value of $361k, which sits below local averages but aligns with the citywide median. The lot size is consistent with the area. Recent sale history shows steady price appreciation.
The property suits first-time buyers or investors seeking a lower-cost foothold in a stable neighborhood without the premium for larger, newer homes. It also appeals to downsizers or those who prioritize a manageable space and yard. A thoughtful perspective is that a home scoring "around average" city-wide in value, while being smaller and older than its immediate neighbors, can represent a sensible, lower-risk purchase without the volatility of a trendier area.
Frequently Asked Questions
1. Is this house significantly smaller than others nearby?
Yes. At 980 sqft, the living area is below the average for Spruce Thicket Walk (1,255 sqft) and the wider Riverbend neighborhood.
2. How does its value compare to recent sales?
The assessed value of $361k is below the neighborhood average. It last sold between $300k-$350k in mid-2021, a price that ranked in the top 59% for the area at that time, indicating its value is competitive for its size.
3. What does the "city-wide average" ranking tell me?
While the home is smaller and older than many in Riverbend, its assessed value ranks near the exact middle (Top 50%) city-wide. This suggests it represents a very typical Winnipeg price point, just in a neighborhood where many homes are larger and newer.
4. Is the lot a good size?
The 4,960 sqft lot is close to the street and neighborhood average, offering a standard outdoor space for the area.
5. How can I verify the exact past sale prices?
The site provides sold price ranges. To receive the exact historical sale figures, you must request them via email from the service, as they manually look up and provide this data.