Property Overview
143 Frog Plain Way is a well-established home in Winnipeg’s Riverbend neighborhood, built in 2005. Its appeal is rooted in its strong positional value within a mature area, offering a balanced package of space, lot size, and modern construction that stands out in its local context.
Key Characteristics & Ideal Buyer
The home’s primary strength is its generous 6,806 sqft lot, which is significantly larger than most on its street and in Riverbend, offering ample outdoor space and potential. With 1,512 sqft of living area, it provides above-average space for the neighborhood and city. A key, less obvious point is its consistency: it ranks highly across all metrics—lot size, year built, living area, and assessed value—rather than excelling in just one. This suggests a property that is uniformly solid and well-proportioned, avoiding the trade-offs common in older neighborhoods.
Its assessed value of $505k places it well above local and city averages, indicating it is perceived as a premium offering within its peer group. This home would best suit buyers looking for a move-in ready, early-2000s build on a sizable lot, who value a stable, above-average position in the market over a brand-new construction. It’s a practical choice for those seeking room to grow outdoors without moving to the city's outskirts.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The last known sale was in July 2016, within the $350k-$400k range. Its current assessed value of $505k reflects market appreciation and its strong standing relative to comparable homes in the area.
2. Is the lot size a major advantage?
Yes. The lot is notably larger than the street and neighborhood averages. This is a distinct advantage for privacy, outdoor activities, or future landscaping projects, and is a key factor in its above-average valuation.
3. What does the "above average" ranking across all categories mean?
It indicates a balanced and competitive property. You’re not getting the newest or the largest house on the block, but you are getting a home that scores well in every measured category—size, age, value, and land—which is a marker of stability and broad appeal.
4. How does it fit within the Riverbend neighborhood?
It sits comfortably in the top quarter of homes in Riverbend for both living area and assessed value. It represents a more modern option (built in 2005) in a neighborhood with an average home built in 1993.
5. Where can I get verified sale price history?
The site provides sold price ranges based on public data. For fully verified, exact transaction figures, you must request a manual lookup via email, as this information is not sourced from the MLS.