Property Overview: 184 Timberwood Trail, Winnipeg
Key Characteristics & Buyer Appeal
This 1,049 sqft home, built in 1987, presents a practical and competitively positioned option in the Riverbend neighborhood. Its primary appeal lies in offering solid value within a mature, established setting. The home’s assessed value of $355K is notably below the neighborhood average, which could signal an entry point into the area or potential for value appreciation. A key, less obvious characteristic is that it is one of the original homes on its street (year built ranks #1 out of 69 on Timberwood Trail), suggesting a well-settled streetscape with older trees and established landscaping.
The lot size is compact at 3,500 sqft, which translates to lower maintenance—a plus for downsizers, first-time buyers, or those seeking a lock-and-leave lifestyle. The living space is average for the street but below the neighborhood norm, indicating a cozy, efficient layout rather than a sprawling one. This profile suits budget-conscious buyers targeting a stable community, investors looking for a manageable rental property, or individuals who prioritize location and lot maintenance over sheer interior size. Its recent sale history (sold in July 2021) indicates it’s a property that turns over in a typical market cycle.
Frequently Asked Questions
1. Is this a good value for the Riverbend area?
The assessed value is significantly below the Riverbend average, suggesting you may get more neighborhood for your money here compared to other local listings, though the home's size is also below that average.
2. What does the compact lot size mean for me?
The lot is smaller than most in the area, which generally means less yard work and lower exterior maintenance costs. It’s a practical choice if you don’t want extensive gardening or large outdoor spaces to manage.
3. How does the home’s age affect things?
Built in 1987, major components like the roof, windows, and HVAC system may be nearing or past their typical lifespan. A thorough inspection is advised to budget for potential updates, though the construction era is modern enough to avoid some older-home concerns.
4. Why is the year-built ranking so high on its own street?
Ranking #1 means it was built earlier than most on Timberwood Trail. This isn’t negative; it simply indicates the street developed around this home, often resulting in a central location on the block and mature surroundings.
5. Where can I get verified sale price history for this home?
The site provides estimated sold price ranges. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.