Property Overview: 148 Riverbend Crescent, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Bruce Park offers a compelling blend of space, location, and established character. Built in 1946, it sits on a generous 6,671 sqft lot that is above average for both the neighbourhood and the city. The home itself provides substantial living space at 1,808 sqft, ranking it well above average for comparable properties on its street and in the wider area. A key feature is the renovated basement, adding valuable finished space, and the property includes a detached garage.

The appeal lies in its strong positioning within a mature community. It’s a home that offers more interior room than many of its peers, on a solid lot in a sought-after neighbourhood. The recent basement renovation suggests updates have been made while retaining the home’s original charm. It last sold in 2022, indicating a current owner who has likely invested in its care.

This property would suit buyers looking for a character home in a prime location without sacrificing square footage. It’s ideal for someone who appreciates a larger, established lot and desires move-in-ready condition with a modernized basement. It may also attract those who see value in a home that already has key renovations done, providing a balance between classic appeal and modern convenience.

Section 2: Frequently Asked Questions

1. How does the lot size compare practically?
While the lot is above average for Winnipeg, it’s closer to the average for Riverbend Crescent itself. This means you get the benefits of a large yard in a city-wide context, while fitting comfortably within the established streetscape of the crescent.

2. What does the 1946 build date mean for maintenance?
The home is older than many on its street. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, even though the basement has been recently renovated.

3. Is the assessed value a good indicator of the likely sale price?
The current assessed value is around average for the area. However, the home last sold for significantly more in 2022. This suggests the market has historically valued this specific property above its assessment, so recent comparable sales will be a more accurate guide than the assessment alone.

4. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It’s a valued feature in older neighbourhoods where attached garages are less common.

5. Who might the "renovated basement" appeal to most?
Beyond extra living space, a renovated basement is a major asset for families needing a rec room or home office, or for multi-generational households looking for a separate, comfortable area. It immediately adds functional square footage without the need for a future project.