Property Overview: 91 John Reeves Place, Riverbend, Winnipeg

Key Characteristics & Appeal

This 1,261 sqft home, built in 1999, presents a solid, middle-of-the-road offering in the Riverbend neighborhood. Its primary appeal lies in its balance and predictability. The living area, assessed value, and year built are all consistently "around average" when compared to the wider neighborhood and city, suggesting a home that aligns with established community norms without extremes. Notably, it is newer than most Winnipeg homes, which can mean fewer major age-related concerns.

The lot size, at just over 4,000 sqft, is notably smaller than most comparable properties on the street and in the area. This could be a drawback for buyers seeking extensive outdoor space, but it translates to less yard maintenance—a potential advantage for those seeking a lock-and-leave lifestyle or who prefer to spend their time elsewhere.

This property would best suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a move-in-ready, low-surprise home in a mature neighborhood over custom features or a sprawling yard. Its consistent rankings indicate it's unlikely to be over-improved for the area, making it a sensible, grounded choice.

Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
The assessed value of $400k is slightly below the street average, while the home itself is newer than most on the block. This positioning can suggest a potential value opportunity, as you may be getting a relatively newer home at a competitive assessment within its immediate context.

2. How does the smaller lot size impact the property?
While the yard is smaller than those of most neighbors, reducing maintenance time and cost, it also limits potential for expansions like large decks, pools, or additions. It’s a trade-off that favors convenience over outdoor living space.

3. What does the "around average" ranking for size and value really mean?
It indicates stability. The home is unlikely to feel oversized or undersized for the area, and its value is in line with community norms. This can be reassuring for resale, as the property isn't an outlier that might be harder to price accurately.

4. The home sold in 2017. What can that tell me?
The previous sale price (in the $300k-$350k range) provides a historical benchmark, showing appreciation over seven years. For exact figures, you can request a manual lookup via email from the site.

5. Are there any obvious red flags from this data?
No major red flags are apparent from the metrics. The consistent "average" rankings and newer build year point to a standard, well-situated property. The smaller lot is a clear characteristic, not a flaw, but it's the most significant deviation from the local norms.