Property Overview: 85 Hearthwood Grove, Winnipeg

Key Characteristics & Appeal

This 1,037 sqft home, built in 1988, presents a solid, middle-of-the-road offering in Winnipeg's Riverbend neighborhood. Its primary appeal lies in its balance and established setting. The assessed value of $382,000 is consistently "around average" at every comparison level—street, neighborhood, and city—suggesting a fair and stable market valuation without significant premium or discount.

The home sits on a lot that is above average for its own street, offering a bit more outdoor space than many immediate neighbors. While the living area is slightly below the Riverbend average, it is competitive city-wide. This profile suits practical buyers looking for a manageable, low-maintenance property in a mature area. It’s particularly well-matched for first-time homeowners or downsizers who prioritize a predictable investment in a settled community over standout size or modern features. A thoughtful perspective is that its consistent "average" rankings across metrics indicate a lower risk of overpaying relative to its surroundings, which can be appealing for cautious buyers.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
It last sold between $300,000-$350,000 in late 2019. Its current assessed value of $382,000 is near the street average, suggesting appreciation in line with the local market.

2. Is the living space small for the area?
At 1,037 sqft, it is below the Riverbend neighborhood average but ranks around average city-wide. It offers a comfortably sized layout typical of many Winnipeg homes, though it is not a large property for the immediate area.

3. What does the "above average" land area ranking mean?
The lot size of 4,957 sqft is larger than most on Hearthwood Grove itself, providing a relative advantage in outdoor space compared to direct neighbors.

4. How updated is a home built in 1988?
Built 38 years ago, this home is newer than many across Winnipeg but is typical for its street and neighborhood. Buyers should budget for updates to interior systems and finishes common for this age.

5. Where can I get verified, exact sold price data for this property?
The site provides sold price ranges. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.