Property Overview: 23 Solace Key, River East, Winnipeg
Key Characteristics & Appeal
This well-situated home at 23 Solace Key presents a solid, above-average offering within its immediate community. Built in 1980, it is newer than most comparable homes on its street and in the River East neighborhood. With 1,248 sqft of living space, it is competitively sized for the area, and its true standout feature is the generous 7,573 sqft lot, which is notably larger than both city and neighborhood averages. This provides valuable outdoor space and potential.
The home’s assessed value of $442,000 consistently ranks above average at the street, neighborhood, and city-wide levels, indicating a history of maintained or superior value relative to its peers. Recent sale data suggests strong market performance.
The appeal here lies in securing a property that benchmarks well in its established setting. It suits practical buyers looking for a home with a premium lot size in a mature neighborhood, who value space over a brand-new build. It’s also a sensible choice for those interested in a property with a demonstrated value proposition that stands out on its own street—a sign of stability and good relative investment within a specific community.
Frequently Asked Questions
How does this home’s size compare to others nearby?
At 1,248 sqft, the living area is very close to the street average and slightly below the neighborhood average. Its size is typical for the area, making it a comfortable fit without being unusually large or small.
Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. However, this home’s assessed value consistently ranks in the top 30% against comparable properties at multiple levels, which historically indicates a strong value position. The last recorded sale price fell within the $450,000-$500,000 range.
What does the lot size mean for me?
The lot of 7,573 sqft is a significant asset. It is larger than approximately 87% of comparable lots city-wide, offering more private outdoor space, gardening potential, and room for additions or amenities like a shed or deck than many other properties.
The home was built in 1980. What should I consider?
While newer than many homes on the street, a 1980 build means core systems (roof, windows, furnace, plumbing) may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any upcoming maintenance or updates required.
How can I get the exact historical sale prices for this property?
The public data on this site shows sold price ranges. To obtain verified, exact sale figures and a full transaction history, you can request a manual lookup by email through the provided site function. This is due to industry rules that restrict the online display of certain precise sales records.