Property Overview: 87 Danford Drive, Riverbend
Section 1: Key Characteristics & Appeal
This well-situated Riverbend home, built in 2005, presents a practical and comfortable living space. Its key features include a renovated basement, an attached garage, and a generous 5,092 sqft lot, which is notably larger than most on the street. With 1,221 sqft of living space, it is a manageable one-storey layout.
The primary appeal lies in its established neighbourhood setting combined with above-average rankings for lot size and building age within its immediate area. It suits buyers looking for a solid, low-maintenance home in a mature community without the premium price of a newer or significantly larger property. It’s particularly well-suited for first-time buyers, downsizers seeking single-level living, or investors attracted by the renovated basement’s potential for rental income or a mortgage helper. A thoughtful perspective is that while the living area is modest, the large lot offers valuable outdoor space and future potential that many newer subdivisions lack.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The home ranks highly for its newer construction (top 11% on the street) and very large lot size (top 18%). However, its living area is among the smallest on Danford Drive, indicating it prioritizes yard space over interior square footage.
2. What is the neighbourhood like?
Riverbend is an established residential area in Winnipeg. The provided comparable properties suggest a mix of home ages and sizes, typical of a mature, stable neighbourhood.
3. Why is the assessed value different from the last sale price?
The home was last sold in 2016 for $320,000. The current assessed value is a municipal valuation for tax purposes and is not an indicator of current market value. It serves as a useful benchmark against similar properties.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify if it is a legal, separate suite. This is a critical point to verify with the listing agent and the city, as it impacts rental potential and insurance.
5. What are the less obvious considerations?
Given its 2005 build date, major components like the roof, HVAC, and appliances may be nearing the end of their typical lifespans. A thorough inspection is advised. Additionally, the large lot is a benefit but also entails ongoing maintenance or landscaping costs.