Property Overview: 209 Red River Boulevard W, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This 1987-built home in Riverbend presents a practical and competitively positioned offering. With 944 sqft of living space, it is notably more compact than most homes on its street, in the neighborhood, and across Winnipeg. This characteristic defines its appeal: it is an efficient, lower-maintenance property in a well-established area. The assessed value of $399k aligns very closely with the street average, suggesting its price is grounded in the local market rather than inflated.
The appeal lies in its balance. You acquire a home on a standard-sized lot (just under 5,000 sqft) in a mature neighborhood, but with a smaller interior footprint to manage and maintain. Its year of build is newer than most city-wide comparables, potentially implying fewer major age-related concerns than older Winnipeg homes. Recent sale history shows steady value appreciation.
This property would best suit first-time buyers seeking an entry point into a stable neighborhood, downsizers looking to reduce space without leaving the area, or pragmatic investors seeking a manageable rental property. It’s for those who prioritize location and lot over square footage, and who see a smaller home as a feature—reducing utility costs, upkeep, and clutter—rather than a drawback.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 944 sqft, the home is below average in size for the area. This is its defining trait. It will suit a lifestyle that values efficiency and minimalism, but may feel cramped for those needing multiple dedicated rooms or extensive storage.
2. How does the assessed value compare?
The $399k assessment is almost exactly the average for Red River Boulevard W. This indicates the property is priced consistently within its immediate surroundings, not as a premium or discount offering.
3. What does the sale history tell us?
It last sold in July 2022 for an estimated $400k-$450k, placing it in the top quarter of local sales at that time. Previous to that, it sold in 2017 for an estimated $300k-$350k. This indicates solid value growth over that five-year period.
4. Is the lot a good size?
The 4,888 sqft lot is fairly typical for the Riverbend neighborhood, though slightly smaller than the street average. It provides standard outdoor space for a garden or patio without being overly large to maintain.
5. How can I get the exact past sale prices?
The site provides estimated price ranges. Due to industry rules, exact MLS sale figures are not displayed publicly. You can request the exact historical sold prices via email from the site provider, who will manually look them up and send them to you.