Property Overview: 972 Charleswood Road, Winnipeg
Key Characteristics & Appeal
This 1,690 sqft home, built in 1998, presents a compelling blend of established comfort and above-average investment metrics. Its primary appeal lies in its strong positional value. The property ranks in the top 6% city-wide for assessed value ($638k) and top 21% for living area, indicating it is a substantial and well-regarded home within Winnipeg. On its street in Charleswood, it stands out as newer than average and with a higher-than-average valuation.
The lot size of 8,189 sqft is notably above average for both the city and the Ridgewood South neighborhood, offering generous outdoor space in a community where newer builds often sit on smaller parcels. This creates a less obvious advantage: the home offers the space and maturity of an established area while being significantly newer than most on its street.
This property would suit buyers looking for a move-in ready home in a desirable area who value data-backed equity. It’s ideal for those seeking a balance between a neighborhood with mature character and a home that likely requires fewer immediate updates than older counterparts. The strong assessed value suggests it would appeal to long-term owners and those viewing real estate as a stable asset.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $450k-$500k in 2016. Its current assessed value of $638k reflects market appreciation and places it well above average for the city and street. Exact historical sale prices can be provided upon request.
2. Is the lot size typical for the area?
The lot is above average for both Winnipeg and the Ridgewood South neighborhood. However, it’s around the median for Charleswood Road itself, where lot sizes vary widely. This means you get more private outdoor space than many newer neighborhood homes.
3. The home is newer than most on its street but older than the neighborhood average. What does this mean?
This suggests you benefit from a home with modern construction (1998) on a street with older, established charm. In the broader, newer neighborhood, it may be considered a more mature property, often correlating with larger lot sizes and more developed landscaping.
4. What is the source of the sold price data?
Sold prices are based on publicly available data, not the MLS. For fully verified figures and a complete transaction history, a manual lookup can be requested directly from the site.
5. How does the living area compare to nearby homes?
At 1,690 sqft, the home offers more space than over 70% of Winnipeg homes. It is above average for its specific street but closer to the average for the wider Ridgewood South area, indicating a comfortable, mid-to-large size for the community.