Property Overview: 95 Pinetree Crescent, Riverbend, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Riverbend neighborhood. Built in 1989, it is a well-situated property that offers a balance of affordability and established community living. Its key appeal lies in its position as a competitively priced entry point into a desirable area. With 1,037 sqft of living space and a 4,186 sqft lot, the home is modest in scale compared to its immediate street and neighborhood, which typically feature larger properties. This translates to a lower assessed value ($366k) than the local averages, suggesting a potentially accessible price point for the location.
The property would suit first-time buyers or downsizers seeking the benefits of the Riverbend area—like mature landscaping, proximity to parks such as the nearby Vince Leah Drive green spaces, and a stable community feel—without the premium for a larger footprint. A thoughtful perspective is that while the home ranks below local averages for size and value, it actually sits near the city-wide average for assessed value, indicating you are paying primarily for the location rather than an expansive structure. It’s a home for those who prioritize neighborhood over square footage, and who may see potential in updating a late-80s build to modern tastes.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. The living area is below the average for both Pinetree Crescent and the wider Riverbend neighborhood, ranking in the top 79% and 81% respectively (where a higher percentage means a smaller size). This is the primary factor in its below-average assessed value for the immediate area.
2. How does its value compare across Winnipeg?
City-wide, its $366k assessed value is very close to the average benchmark of $390.1k, ranking it in the top 48%. This highlights that the property is priced more typically for Winnipeg as a whole, but sits at a relative discount within the specific Riverbend market.
3. What is the history of sales for this property?
Records indicate a sale between $250k-$300k in December 2020. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display MLS sold records.
4. How does the lot size compare?
The lot is 4,186 sqft, which is below average for the street, neighborhood, and city. This means outdoor space is more compact than many neighboring properties, but may appeal to those seeking lower maintenance.
5. Are there comparable homes nearby for reference?
Yes. Nearby listings on the same street (like 83 Pinetree Crescent) and area (like 396 Fernbank Avenue) are provided for comparison. These typically show larger living areas and slightly higher assessed values, helping to contextualize this property's positioning in the market.