Property Overview: 23 Springlea Path, River East, Winnipeg
Key Characteristics & Appeal
This 1974-built home on Springlea Path presents a solid, value-oriented opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its strong standing within its immediate community. The 1,083 sqft house sits on a 6,041 sqft lot, which is notably larger than most on its street and above the city-wide average, offering good outdoor space. With an assessed value of $366,000, it ranks at the top of its street, suggesting it is a well-maintained or updated property compared to its direct neighbors.
The home suits practical, value-conscious buyers. It’s ideal for first-time homeowners seeking a move-in-ready property in an established area, or for downsizers looking for a manageable size without sacrificing yard space. Its appeal is less about luxury and more about receiving above-average attributes for its specific street—a bigger lot, newer construction year, and higher assessment than nearby peers. A thoughtful perspective is that this property represents a "big fish in a small pond" on Springlea Path, which can provide a sense of relative value and stability even if its specs are more modest at the neighborhood or city level.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,083 sqft, the living area is slightly above the average for Springlea Path itself but is below the broader River East neighborhood average. This indicates a cozier, more efficient layout typical for the immediate street.
2. What does the assessed value ranking tell me?
Ranking #1 out of 16 on its street for assessed value strongly suggests this property is in better condition, has more updates, or is otherwise considered more valuable than the homes it’s most directly compared to.
3. When was it last sold, and for how much?
Public records indicate a sale between September 2017 for a price in the CA$300,000–$350,000 range. For verified, exact historical sale figures, a manual lookup through the site is required.
4. Is the lot size a significant feature?
Yes. The lot is over 6,000 sqft, which is larger than most on the street and above the Winnipeg average. This is a key asset for outdoor use, gardening, or future expansion, and is less common for homes of this vintage in the city.
5. Are there similar properties for comparison?
The listing provides examples of nearby references, such as 11 Evenlea Walk (1,028 sqft, $341k assessment) and 454 Gilmore Avenue (1,280 sqft, $348k assessment), which can help gauge price and size relative to the area.