Property Overview: 168 Timberwood Trail, Winnipeg

Key Characteristics & Appeal

This 1,040 sqft home in Riverbend, built in 1987, presents a practical and competitively positioned offering. Its key appeal lies in its solid foundation and value-oriented metrics within its immediate locale. While the living area and lot size (3,689 sqft) are below the broader neighborhood averages, the property holds its ground well on its own street, ranking around average for size. Notably, it is one of the newer homes on Timberwood Trail. The assessed value of $352k is below area averages but aligns closely with the citywide norm, suggesting a potentially accessible entry point into the neighborhood.

The home would suit first-time buyers or downsizers seeking a manageable footprint in an established area without a premium price tag. A thoughtful perspective is that a smaller, well-maintained home from the late 1980s on a modest lot can offer lower utility and maintenance costs compared to larger, newer counterparts, appealing to those seeking efficiency. Its position—below neighborhood averages but solid on its street—indicates it’s a typical home for the specific block, which can be preferable for buyers seeking consistency over standing out.

Frequently Asked Questions

1. Is this home a good value compared to others in Riverbend?
Based on assessed value, it is priced below the Riverbend average, which could represent a value opportunity for gaining entry into the neighborhood, though the living space and lot are also smaller than area norms.

2. How does the year built affect this property?
Built in 1987, it is among the newest homes on its street. This can be an advantage, potentially meaning fewer immediate major replacements (like roofing or windows) compared to older homes in the city.

3. What should I know about the lot size?
The lot is under 4,000 sqft, which is smaller than most in Riverbend and on the street. This means lower yard maintenance but also less private outdoor space.

4. How accurate is the sold price data shown?
The site provides an estimated sold price range from 2020 based on public data, not MLS records. For verified, exact historical sale figures, you must request a manual lookup from the site administrators.

5. Are the property rankings a reliable way to compare?
The rankings provide useful context against immediate neighbors, the wider area, and the city. They show this home is very typical for its specific street but more modest in scale within the broader Riverbend community.