Property Overview: 27 Glencairn Road, Winnipeg
Key Characteristics & Appeal
This 934 sqft bungalow, built in 1993 on a 5,355 sqft lot in Riverbend, presents a specific value proposition. Its key characteristic is its compact living space, which is notably below the average for its street and neighborhood. However, this is balanced by an assessed value ($391k) that sits around the Winnipeg average, suggesting the price reflects the size. The lot size is above average for Riverbend, offering valuable outdoor space relative to many area homes.
The appeal lies in its efficiency and lot potential. It suits first-time buyers or downsizers seeking a lower-maintenance home with a manageable footprint and a yard for gardening or relaxation. It’s a practical entry into a well-established neighborhood without the premium for extra square footage. A thoughtful perspective is that its smaller size could mean lower utility costs and less to maintain, aligning with a simpler, more sustainable lifestyle. The data indicates you are paying primarily for location and land here, with the house itself being functionally modest.
Frequently Asked Questions
1. Is the house too small?
At 934 sqft, it is smaller than most homes on the street and in Riverbend. It will suit those who prioritize efficient living and outdoor space over large indoor areas. It is likely a 2-3 bedroom bungalow layout.
2. How does the assessed value compare to recent sales?
The home sold in May 2022 for an estimated $450k-$500k, which was in the top 15-20% of sales locally at that time. Its current assessed value of $391k is closer to the citywide average, potentially indicating a market adjustment.
3. What is the neighborhood like?
Riverbend is a mature neighborhood. The street has homes primarily from the mid-1990s. This home is slightly older than the street average but newer than the typical Winnipeg home.
4. Is the lot a good size?
Yes. The lot is over 5,300 sqft, which is above the neighborhood average. This is a standout feature, providing more private outdoor space than many comparable properties in the area.
5. How can I get exact historical sale prices?
The site provides estimated sale price ranges. Due to industry rules, exact MLS sale figures are not published online here. You can request the exact sale history via email from the site’s team for verified data.