Property Overview & Appeal
This 2005-built cabover home in Riverbend offers a practical layout with 1,643 sqft of living space on a generous 5,000+ sqft lot. Its key characteristic is a balance of relative modernity and established neighbourhood living. The appeal lies in its solid foundation—it's newer than most homes in Winnipeg and its immediate area, suggesting potentially fewer major maintenance concerns in the near term. The attached garage and full (though unrenovated) basement provide functional space for storage, vehicles, or future expansion.
This property would suit a value-conscious buyer looking for a move-in-ready home that doesn’t require immediate updates, or a practical-minded purchaser who sees potential in the unfinished basement as a blank canvas for future projects. It’s a home that prioritizes function and lot size over high-end finishes, making it a straightforward option in a sought-after neighbourhood.
Frequently Asked Questions
Is this a good value for the area?
The assessed value is below average for the street but above average for the wider neighbourhood, positioning it as a mid-range option in Riverbend. Compared to similar-aged homes nearby, it offers more living space than some, which may indicate good relative value.
What does "cabover" building type mean?
A cabover design typically features a prominent second story that extends over part of the ground floor, often creating a distinctive street-facing facade. This can maximize interior living space on a standard lot.
How does the lot size compare?
At just over 5,000 sqft, the lot is larger than many in Winnipeg and is in the top third for size on Grady Bend Place itself, offering good outdoor space relative to its immediate neighbours.
The basement is noted as "not renovated." What should I expect?
This likely means the basement is unfinished or partially finished in a basic, functional state. It presents both a cost-saving opportunity (you’re not paying for completed renovations) and future potential to customize the space to your needs.
How does the age of this home compare to others nearby?
Built in 2005, this home is significantly newer than the Winnipeg average. On its own street, it ranks in the top 10% for being new, meaning surrounding homes are typically older, which can be an advantage for systems, windows, and roof longevity.