Property Overview: 180 Red River Boulevard W, Riverbend, Winnipeg
Key Characteristics & Appeal
This 1,094 sqft home, built in 1987, presents a solid, middle-of-the-road offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its stability and alignment with core market averages. The assessed value of $398k is remarkably consistent, sitting close to the average for its street, neighborhood, and the wider city. This suggests the property is priced appropriately within its context, neither over-improved nor under-valued.
The home suits practical buyers seeking a straightforward entry into a mature neighborhood. It's ideal for someone who prioritizes a predictable investment over standout luxury or a fixer-upper project. The lot size (4,019 sqft) is notably smaller than most in the area, which could mean less maintenance—a potential perk for downsizers or busy professionals—but less private outdoor space. As one of the older homes on its street, it may offer more established landscaping and a settled streetscape feel compared to newer subdivisions. Recent sale activity on the street indicates an active, in-demand location.
Frequently Asked Questions
1. How does this home's size compare to others in the area?
At 1,094 sqft, the living area is slightly below the Riverbend neighborhood average but is very close to the average for homes on Red River Boulevard W itself. It represents a comfortable, mid-size footprint.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($398k) is a municipal valuation for tax purposes. Notably, it aligns closely with recent sold prices of similar-sized homes on nearby streets (e.g., 138 Donan St. at $387k), providing a grounded benchmark for market value.
3. What are the implications of the smaller lot size?
The land area is smaller than about 84% of lots in Riverbend. This typically translates to less yard maintenance and potentially lower landscaping costs, but also limits expansion possibilities and private outdoor space.
4. How old is this home relative to its neighbors?
Built in 1987, it is older than about 73% of homes in Riverbend but is actually slightly newer than the average home across Winnipeg. On its own street, it ranks in the top 25% for being newer, indicating it's among the more recent builds in that specific row of houses.
5. Can I see the exact historical sold prices for this property?
Exact sold prices are not published on this site due to data source restrictions. You can request the full transaction history via email, and the team will provide the verified figures manually.