Property Overview
14 Horrox Bay is a well-situated home in Winnipeg's Riverbend neighbourhood, built in 2000. With 1,237 square feet of living space on a 4,517 sqft lot, it presents a balanced offering. Its most recent sold price fell between $450,000 and $500,000 in September 2023, and it carries a current assessed value of $404,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as a solid, middle-of-the-road property within a desirable area. The data reveals a thoughtful perspective: while the home’s size and assessed value are below the average for its specific street, they are consistently around or above the averages for the broader Riverbend neighbourhood and the city of Winnipeg. This suggests you are buying into a premium street where this property represents a more accessible entry point. The year built is a relative strength, newer than most homes on the street and significantly newer than the Winnipeg average.
It would suit practical buyers looking for a established, turn-key home in a mature neighbourhood without paying for the largest footprint on the block. It’s also a sensible match for those who value a newer construction date within a classic area, potentially meaning fewer immediate updates compared to older city homes. The lot size, while not expansive, is proportionate and manageable.
Frequently Asked Questions
1. Is this home a good value compared to its neighbours?
The data suggests it may offer relative value. Its assessed value is in the lower tier on Horrox Bay itself, yet it is very close to the neighbourhood average. This could indicate an opportunity to live on a sought-after street at a lower price point than many of its direct neighbours.
2. How does the home’s size compare practically?
At 1,237 sqft, the living area is slightly below the street average but aligns with the typical home in both Riverbend and Winnipeg. It is a comfortable size for a small family, couple, or empty-nesters, focusing on efficient use of space rather than sheer volume.
3. What does the year built tell me about the property?
Built in 2000, the home is newer than most in Winnipeg (where the average comparable home was built in 1966). This often translates to modern building standards, more contemporary floorplans, and potentially lower maintenance costs in the near term compared to much older stock.
4. Are the sold price and assessed value consistent?
The assessed value ($404k) is below the 2023 sold price range ($450k-$500k). This is not uncommon, as assessed values for taxation purposes can lag behind market sale prices. The sold price indicates what a buyer was willing to pay in the recent market.
5. Where can I get verified sale history for this property?
The site notes that exact sold prices require a manual lookup due to industry data rules. You can request the exact figures by emailing them directly; they provide this service without using your email for marketing.