Property Summary: 27 John Reeves Place, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 27 John Reeves Place in Riverbend is a standout property defined by its generous space and strong valuation. Its primary appeal lies in offering above-average living area (1,735 sq ft) that ranks in the top tier for its immediate street and the broader neighborhood. Built in 1998, it represents a solid, modern construction that avoids the potential maintenance concerns of much older homes while being well-established in the community.

The property’s assessed value of $451k is notably elite on its street, suggesting it is perceived as a premium home in that specific location. This creates an interesting dynamic: you're acquiring one of the most substantial and highly valued homes on the block, which can offer stability and pride of place. However, the lot size is slightly more modest compared to street and city averages, indicating the value is driven more by the home's size and condition than by extensive outdoor space.

This home would ideally suit buyers who prioritize interior space and a move-in-ready footprint from the late 90s, seeking a home that stands out in its immediate vicinity for its size and appraisal value. It’s a strong fit for growing families or professionals looking for a established, spacious home in a mature neighborhood without needing a major renovation project.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,735 sq ft, the living area is significantly larger than the average on its street (1,242 sq ft) and in the Riverbend neighborhood (1,288 sq ft). It ranks in the top 4% on John Reeves Place and the top 9% in Riverbend for living space.

2. Is the assessed value in line with recent sale prices?
The home sold in March 2024 for between $450,000 and $500,000. Its current assessed value of $451,000 falls squarely within that recent sale price range, indicating the assessment closely reflects the market transaction.

3. What is the property’s lot size?
The land area is 4,497 sq ft. This is somewhat smaller than the average lot on its street (5,480 sq ft) and in Winnipeg overall (6,570 sq ft), suggesting the property’s appeal is more focused on the home itself rather than expansive outdoor space.

4. How does the year built compare to surrounding homes?
Built in 1998, it is very close to the average build year for its street (1999) and neighborhood (1993). This means it fits perfectly within the era of homes in the area, so you can expect similar construction styles and potential renovation timelines as your neighbors.

5. Where can I find verified, exact sold price data for this home?
The site provides sold price ranges for general browsing. To obtain the exact, verified sold price and full transaction history, you must request it directly via email from the site’s team, as this data is not sourced from the MLS and requires a manual lookup.