Property Overview: 16 Riverwest Road, Winnipeg
Key Characteristics & Appeal
This home at 16 Riverwest Road presents a balanced, mid-sized property in Winnipeg's Riverbend neighborhood. Built in 1991, its 1,138 sqft living area is slightly below average for its immediate street but aligns closely with neighborhood and city-wide averages for comparable homes. The standout feature is the 5,455 sqft lot, which is notably larger than most on the street and in Riverbend, offering above-average outdoor space.
Its appeal lies in its established community setting and practical proportions. The assessed value of $413k is consistent with the area, and recent sale history indicates steady market interest. This isn't a standout luxury property or a fixer-upper; instead, it represents a stable, average-priced home in a mature neighborhood. It would suit first-time buyers or downsizers looking for a manageable home size without sacrificing yard space, or investors seeking a straightforward rental property in a consistent area. A thoughtful perspective is that its "averageness" in many metrics could be a strength, offering a lower-risk entry into the market without the premium price or potential issues of a more outlier property.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,138 sqft, the living space is slightly smaller than the average home on Riverwest Road (1,238 sqft) but is very close to the Riverbend neighborhood average (1,288 sqft).
2. Is the lot size a significant feature?
Yes. The 5,455 sqft land area is larger than most lots on this street and in the wider Riverbend area, which is a key advantage for buyers valuing outdoor space.
3. What does the sale history indicate?
The home sold in March 2024 and previously in August 2020. This recent activity suggests a stable, in-demand property. Note that public data shows sold price ranges, not exact figures.
4. How does the assessed value fit into the area?
The $413,000 assessment is around the average for the street and neighborhood, positioning this property squarely in the mid-range for Riverbend.
5. Where can I get verified sale price details?
The public data provided is reasonably reliable but not MLS-verified. For the exact sale prices and full transaction history, you must request a manual lookup from the site, which they provide via email.