195 Glencairn Road

Property Overview: 195 Glencairn Road, Winnipeg

Key Characteristics & Appeal

This 1995-built home in Riverbend presents a practical and balanced offering. With 1,194 sqft of living space, it sits slightly below the average for its street but aligns closely with neighborhood and city-wide averages for comparable homes. Its assessed value of $433k is consistently around the average for its immediate area, suggesting it is priced in line with local market norms. The lot size of 4,200 sqft is notably smaller than typical lots on the street, in the neighborhood, and across Winnipeg.

The home’s primary appeal lies in its modern-enough construction and its position as a statistically average property in its core metrics, which can represent a stable, lower-risk entry into a well-established area. It would suit first-time buyers or downsizers looking for a manageable-sized home without the premium of a larger lot, or value-focused buyers who prioritize the interior living space and neighborhood over extensive outdoor maintenance. A thoughtful perspective is that its smaller lot could be seen as an advantage for those seeking a more lock-and-leave lifestyle with less yard work, while still providing a sense of community in a mature area.

Frequently Asked Questions

1. How does the sold price from 2022 relate to the current assessed value?
The home sold for an estimated $500k–$550k in late 2022, which placed it in the top 6-7% of local sales at that time. The current assessed value of $433k is a municipal assessment for taxation, not a market valuation, and typically lags behind recent sale prices.

2. Is the smaller lot size a significant concern?
While the lot is below average in size for the area, this results in less yard maintenance. It may limit expansion possibilities but could be perfectly adequate for patios, gardens, or play areas without the upkeep of a larger plot.

3. What does the "around average" ranking for most metrics mean for me?
It indicates this property is very typical for its area in terms of size, value, and age. This can be reassuring, suggesting it’s unlikely to be over- or under-improved compared to neighbors, which helps protect its value and makes comparisons straightforward.

4. How current and accurate is the sold price data provided?
The sold price is based on publicly available data, not the MLS. The site offers a manual lookup service for verified, exact figures, as the ranges provided are estimates from broader data sources.

5. The home is older than average city-wide but average for the street. What does this imply?
Built in 1995, it is newer than the typical Winnipeg home (average year built 1966), meaning major components like the roof, windows, and systems may be more modern. On its street, it’s average, indicating it fits right into a mature, settled streetscape from the same era.