Property Overview: 190 Vince Leah Drive, Winnipeg
Key Characteristics & Appeal
This is a compact, single-family home in Winnipeg's Riverbend neighborhood, built in 1988. Its key characteristic is its modest scale: at 895 sqft, its living area is notably smaller than most homes on its street and in the broader area. The lot size of 4,467 sqft is also below the street average but is more in line with neighborhood norms. The home’s assessed value of $366k sits below average for its immediate street and Riverbend, yet is close to the citywide average, suggesting its value is anchored more by its location than its size.
The primary appeal lies in its position as a potentially more affordable entry point into a stable neighborhood. For the right buyer, the smaller footprint translates to lower maintenance, utility costs, and a manageable yard. It suits first-time buyers, downsizers, or investors seeking a straightforward rental property in an established area. A thoughtful perspective is that while the home ranks below average in size and value on its own street, this indicates a street of generally larger, higher-value homes, which can be a positive for long-term property values and neighborhood stability.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. With 895 sqft of living area, it ranks in the bottom 5% on its street and bottom 8% in the Riverbend neighborhood for size. This is its most defining feature.
2. How does its value compare?
Its $366k assessment is below the street and neighborhood averages (which are around $410k), but is close to the Winnipeg citywide average. This suggests you are paying less for the location than neighbors with larger homes.
3. What is the sales history?
It sold twice in recent years: between $250k-$300k in early 2018 and between $350k-$400k in early 2024. Exact prices require a manual request through the site.
4. Who might this property not suit?
It may not suit buyers needing ample indoor space or those who prioritize having a larger lot relative to their street. The data shows both the home and lot are compact compared to direct neighbors.
5. Where does it rank well?
It ranks above average citywide for its year built (newer than 76% of comparable Winnipeg homes), indicating a relatively modern construction era compared to much of the city's housing stock.