Property Overview: 167 Frog Plain Way, Riverbend, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 167 Frog Plain Way is a well-situated property in Winnipeg's Riverbend neighborhood, built in 2005. Its key appeal lies in its balance of modern age and manageable scale within a desirable area.

The 1,261 sqft living space is slightly below the average for its specific street, where homes tend to be larger, but it aligns closely with the neighborhood and citywide averages. This positions it as a more compact and potentially efficient option on a street of larger homes. The lot size of 4,742 sqft is consistent with others on Frog Plain Way, offering standard outdoor space for the immediate area.

With an assessed value of $431k, the property sits at a premium compared to the Winnipeg average but is notably below the average for its own street. This creates an interesting dynamic: it offers entry into a established street where property values are generally higher, which could appeal to buyers seeking the location prestige without the square footage or price tag of the largest homes on the block. The home’s recent sale history shows significant appreciation, indicating strong market interest.

This property would best suit first-time buyers or downsizers looking for a modern, low-maintenance home in a mature neighborhood. It’s also a pragmatic choice for value-focused buyers who prioritize a newer build year (2005) and a solid location over maximum interior space.

Section 2: Frequently Asked Questions

1. Is this home a good value for the Riverbend area?
The assessed value is above the neighborhood average, which is typical for newer homes in Riverbend. However, it’s significantly below the average value for its own street, suggesting you may be paying for the location and newer build year rather than square footage.

2. How does the size compare to nearby homes?
At 1,261 sqft, the living area is smaller than most direct neighbors on Frog Plain Way, where the average is 1,533 sqft. It is, however, very close to the overall neighborhood average, making it a moderately sized home for Riverbend.

3. What does the sale history indicate?
The home sold in mid-2024 for an estimated $550k-$600k and previously in mid-2022 for $450k-$500k. This shows robust appreciation over a two-year period, reflecting strong demand for homes in this area and age bracket.

4. Is the lot size a constraint?
The lot is just under 5,000 sqft, which is standard for this street and adequate for typical suburban use like gardening, deck, or play area. It is smaller than the Winnipeg city average, but consistent with the local neighborhood pattern.

5. Who are the most likely neighbors in terms of housing styles?
Based on comparable listings, your immediate neighbors on Frog Plain Way and nearby streets likely live in similar 2000s-era, single-family homes, though many may have larger floor plans. The area appears to be a cohesive, modern subdivision within Riverbend.