Property Overview: 196 Glencairn Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home, built in 1995, is a solid, middle-of-the-road property in the Riverbend neighborhood. Its key appeal lies in its balance and practicality. With 1,340 sqft of living space, it sits right around the average for the street, area, and city, offering comfortable space without being oversized. The assessed value of $415k is moderately above the Winnipeg average, suggesting a well-regarded location, but is actually below the average for Glencairn Road itself, which could indicate a relative value opportunity on this specific street.

The lot size is the property's most notable characteristic, at 4,048 sqft. It is smaller than most comparable lots on the street and in the wider city. For some buyers, this means less yard maintenance. For others, it may limit expansion potential or private outdoor space. The home’s age places it above the citywide average, meaning it’s newer than many Winnipeg homes, but is typical for its immediate area.

This property would suit a first-time buyer or a downsizer looking for a manageable, established home in a stable neighborhood. It’s for someone who prioritizes location and a standard layout over a large lot or a brand-new build. The data suggests it’s not an outlier in any category, offering a low-risk, predictable entry into the market.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
At approximately 4,000 sqft, the lot is smaller than most on the street and in Winnipeg. This typically means less yard upkeep but may also offer less privacy or room for additions like a large deck or garage.

2. Is the assessed value a good indicator of the selling price?
The $415k assessment is a municipal valuation for tax purposes, not a market price. Notably, it's below the street average of $430k, which could be a point of discussion in pricing. The last known sale was between $300k-$350k in mid-2019.

3. What does the "around average" living area mean for daily life?
With 1,340 sqft, the home provides space comparable to most in the area. It likely includes 3 bedrooms and standard living areas, suitable for a small family or couple without being sprawling or cramped.

4. The home was built in 1995. What should I consider?
Homes of this age are past their initial builder warranties but are not yet considered heritage. Key systems like the roof, windows, furnace, and major appliances may be nearing or past their typical lifespans, so a thorough inspection is advised.

5. How can I get the exact past sale price?
The site provides sold price ranges for general reference. Due to industry rules, exact MLS sale figures are not published online here. You can request the exact sale history by emailing the site directly for a manual lookup.