Property Overview: 119 Timberwood Trail, Winnipeg

Key Characteristics & Appeal

This 1,040 sqft home on Timberwood Trail in Riverbend presents a practical and competitively positioned offering. Built in 1986, it sits on a standard 4,717 sqft lot for the street. Its primary appeal lies in its value proposition within a well-established neighborhood. The home's assessed value of $347k is notably below the Riverbend area average, suggesting a potentially more accessible entry point into the community. While the living space is slightly below the neighborhood norm, it is squarely average for Timberwood Trail itself and compares reasonably to the wider Winnipeg market.

This property would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing neighborhood amenities. It’s a pragmatic choice for those who prioritize location and lot size over sheer interior space, and who see value in a home priced below area averages, possibly allowing room for personal updates over time. A thoughtful perspective is that its "around average" metrics at the street and city level indicate a stable, typical home for Winnipeg, which can be a strategic buy in an area where other homes are assessed higher.

Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
The data suggests it may be. Its assessed value is below the averages for both Timberwood Trail and the broader Riverbend neighborhood, which could indicate a value opportunity or reflect the home’s specific condition or update status.

2. How does the living space feel for a family?
At 1,040 sqft, the living area is functional but efficient. It is slightly below the Riverbend average, so families should consider their space needs carefully. The layout and number of bedrooms (not specified in the data) would be key factors.

3. What does the sold price range tell us?
The home sold between $350k-$400k in late 2024. This placed it in the top 33% of sales on its street for price, indicating strong buyer interest for Timberwood Trail, but only in the top 45% for the area, showing it was likely a mid-range purchase for Riverbend.

4. Is the lot size a pro or a con?
The lot is very typical for Timberwood Trail (average is 4,709 sqft) but smaller than many city-wide lots. This is a pro for lower outdoor maintenance and a potential con for those desiring extensive yard space. It’s a standard suburban lot for its immediate context.

5. How can I verify the exact sold price and history?
The provided sold price is an estimated range. For fully verified figures and a complete transaction history, you must request the information directly via email from the site, as they manually look up and provide this data due to industry reporting rules.