Property Overview: 2 River Lane, Winnipeg
Key Characteristics & Appeal
This property is a standout, modern home in Winnipeg's Pulberry neighborhood. Built in 2019, it is notably newer than almost all comparable homes on its street, in the area, and across the city. With 1,538 sqft of living space, it offers above-average roominess for both the neighborhood and city, while sitting on a generous 9,300 sqft lot that provides ample outdoor space relative to most Winnipeg homes.
The primary appeal lies in its elite assessed value of $845k, which places it in the top 1% of the Pulberry area and top 2% city-wide. This indicates a premium property that has likely been built and maintained to a high standard. Its appeal is for buyers seeking a modern, turn-key home without the quirks or maintenance needs of an older property, and who value the space and prestige the lot and valuation command. It would suit a professional or family looking for a long-term home in a well-established area, with the benefits of new construction and significant equity from the outset. A thoughtful perspective is that while the home is newer than its neighbors, the lot size is slightly smaller than the street average, potentially offering a more manageable yard while still providing above-average privacy and space.
Frequently Asked Questions
1. Why is the assessed value so much higher than the area average?
The assessed value of $845k is significantly higher due to the home's new construction (2019), its above-average living area, and its large lot. It represents a premium, modern property in an area where most homes are decades older.
2. How does the lot size compare to nearby properties?
At 9,300 sqft, the lot is above average for the Pulberry neighborhood and city-wide. However, on River Lane itself, it is slightly below the street average, meaning some immediate neighbors may have larger lots.
3. What is the history of price changes for this home?
Public records show it last sold between $250k-$300k in late 2017, which was likely for the land or a previous structure before the current home was built in 2019.
4. Are the sold prices shown on the page the exact figures?
No. For privacy and data licensing reasons, exact sold prices are not displayed publicly. The site shows price ranges. You can request the exact transaction history by emailing the site directly for a manual lookup.
5. How does the living space truly compare to a typical Winnipeg home?
With 1,538 sqft, this home is larger than approximately 72% of comparable homes in Winnipeg, offering substantial space. It is comfortably above the city and neighborhood averages, though it is slightly smaller than the specific average for River Lane.