Property Overview: 26 Horrox Bay, Riverbend, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,227 sqft home, built in 1998, presents a solid, middle-of-the-road offering in the established Riverbend neighborhood. Its primary appeal lies in its balance and position within a mature community. While the living space is slightly below average for its specific street, it aligns closely with both neighborhood and city-wide averages, suggesting a comfortable, practical size for many households. The assessed value of $407k follows a similar pattern, sitting below the street average but above the city median, indicating you may get more home for your dollar here than in many other parts of Winnipeg.

The lot size of 4,102 sqft is a notable characteristic. It’s smaller than most in the area and city, which could be a drawback for those seeking extensive outdoor space, but also translates to less yard maintenance—a potential plus for downsizers or busy professionals. The home’s age places it above the city average, meaning major components are likely newer than in many Winnipeg homes, potentially reducing near-term replacement costs.

This property would suit first-time buyers or young families looking for a move-in-ready home in a stable neighborhood without a premium price tag. It could also appeal to practical-minded buyers who value a newer build date and manageable lot over maximizing square footage. The data suggests it’s a home that doesn’t stand out dramatically in any category, offering instead a reliable and competitively positioned option in the market.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in mid-2019. Current assessed value is $407k, which is below the street average of ~$443k. This gap could represent an opportunity or may reflect the home’s slightly smaller size. Requesting exact sale figures for nearby homes is recommended for precise comparison.

2. Is the smaller lot size a significant concern?
It depends on your lifestyle. The lot is smaller than 80% of homes in Riverbend, so expansive gardens or large additions may not be feasible. However, it ensures lower maintenance, which is a key advantage for many buyers.

3. The living area is ranked low for the street. How noticeable is this?
The home is about 168 sqft smaller than the street average. This could mean one less room or more compact living spaces compared to some neighbors. Viewing the home in person is the best way to gauge if the layout and room sizes meet your needs.

4. What are the implications of the 1998 build year?
Built in 1998, this home is newer than 82% of comparable properties city-wide. This is a positive, suggesting major systems (roof, furnace, windows) may have more life left than in older homes, though their actual condition should always be verified by an inspection.

5. How can I verify the exact historical sold prices?
The provided sold price is a range from public records. For fully verified and exact transaction history, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.