136 Maplegrove Road

Property Overview: 136 Maplegrove Road, Winnipeg

Key Characteristics & Appeal

This 1996-built home in Riverbend is a study in practical balance. At 917 sqft, its living space is notably compact compared to most area homes, ranking in the top 10% smallest for the neighborhood. This positions it as an efficient, lower-maintenance property. Its assessed value of $367k is very close to the city-wide average, yet sits below the neighborhood average, suggesting a potentially more accessible entry point into the Riverbend area. The lot size is also modest for the community, further reducing upkeep demands.

The primary appeal lies in its modern build date—it's newer than over 80% of comparable Winnipeg homes and is one of the newest houses on its own street. This often translates to fewer immediate major repairs and modern building standards. The home suits first-time buyers or downsizers seeking a manageable footprint in a well-established neighborhood without a premium price tag. It’s a pragmatic choice for those who value location and a newer structure over square footage, offering the benefits of the community without the upkeep of a larger, older property.

Frequently Asked Questions

1. Is the smaller living area a significant drawback?
It depends on your needs. The size is efficient for one or two people and results in lower utility costs and less cleaning. However, for those needing multiple dedicated rooms or ample storage, it may feel cramped.

2. How does the assessed value compare to the likely selling price?
The assessed value ($367k) is a municipal figure for tax purposes. The last sold price (2021) was in the $350k-$400k range. Market conditions will determine the final price, but this provides a historical benchmark.

3. What are the advantages of the 1996 build year?
A newer build like this typically means more modern electrical wiring, plumbing, insulation standards, and possibly updated components like windows and roof. It often indicates a lower risk of major, immediate renovations.

4. Why is the lot size considered below average for the area?
Riverbend has many homes on larger lots. This property's lot is around 3,600 sqft, which is smaller than the neighborhood average but close to the average for its specific street. This means a smaller yard to maintain.

5. How can I get the exact historical sold prices for this home?
The site provides sold price ranges publicly. For fully verified and exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.