Property Overview: 207 Glencairn Road, Riverbend, Winnipeg

Key Characteristics & Appeal

This 1,717 sqft home, built in 1997, presents a compelling case based on its efficient use of space. Its primary strength is a living area that ranks in the top 4% on its own street and the top 10% within the Riverbend neighborhood, offering more interior room than most comparable local homes. With an assessed value of $433k, it sits consistently around the average for its immediate area, suggesting a fair market positioning. The home is part of a well-established, mature streetscape where most properties are of a similar vintage.

The appeal here is one of balance and practicality. You are acquiring above-average interior space on a smaller, more manageable lot. This configuration suits buyers who prioritize a spacious floor plan over extensive yard maintenance, or who simply value their living space more than outdoor acreage. It’s a home that likely offers good "living value" for its price point within a desirable neighborhood. The property would suit a professional couple, a small family, or downsizers looking for ample room indoors without the burden of a large garden. A thoughtful perspective is that this home represents a specific trade-off: you gain a top-tier interior size relative to the area, but the land footprint is notably below average, which could influence future expansion potential or outdoor privacy.

Frequently Asked Questions

1. How does the lot size impact this property?
The land area of 4,003 sqft is below average for the street, neighborhood, and city. This means a smaller yard, which translates to less maintenance but also less private outdoor space. It’s a practical choice for those not wanting extensive gardening, but worth considering if outdoor entertaining or future additions are important.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($433k) is used for municipal tax purposes and is a useful benchmark. It shows the home is priced consistently with averages on Glencairn Road and in Riverbend. However, market conditions, the home’s specific condition, and recent upgrades will ultimately determine the sale price.

3. What does the living area ranking actually mean?
Ranking in the top 4% on the street for living area means that out of 120 comparable homes on Glencairn Road, only a handful are larger. This indicates you get more interior space than the vast majority of your immediate neighbors, which is a significant advantage for daily living.

4. The home last sold in 2016. What can I learn from that?
The prior sale (between $300k-$350k) provides a historical price point. Market changes over eight years mean the current assessed value reflects broad appreciation. For exact sale history and prices, you can request a manual lookup from the site.

5. Are the comparable homes listed truly similar?
The listed references (e.g., 140 Glencairn Rd, 284 Glencairn Rd) are useful directional guides, showing homes with similar age, size, and value in the area. A detailed comparison should consider condition, layout, updates, and exact location, as these factors cause variations in value.