Property Overview: 1-1704 St Mary's Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986-built home in River Park South offers a distinct value proposition centered on space. Its primary characteristic is its generous 1,541 sqft living area, which ranks in the top 4% of the neighborhood and the top 8% city-wide, offering significantly more room than typical Winnipeg homes. This positions it as a spacious option within its assessed value range, which is around the average for the area.
The appeal lies in securing above-average square footage in a well-established neighborhood without a premium price tag. It suits practical buyers who prioritize interior space over a newer build date, such as growing families needing room or value-conscious purchasers looking to maximize their square footage per dollar. A less obvious perspective is that an older building in a mature area like this can sometimes offer more predictable monthly fees and established community dynamics compared to newer, rapidly developing complexes. The data suggests it's a solid, spacious home for those comfortable with a property from the 1980s.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
This home is notably larger than most. Its living area is about 450 sqft larger than the River Park South average and nearly 500 sqft larger than the Winnipeg average for comparable properties.
2. Is the assessed value in line with the home's features?
The assessed value of $290k is around the city and neighborhood average. Given that the home's living area is well above average, this suggests the valuation reflects the older build year while acknowledging the significant amount of space provided.
3. What does the 1986 build year mean for a potential buyer?
Built in 1986, the home is older than many on its specific street but is around the average age for the wider neighborhood and city. Buyers should factor in the potential for updates to interior systems and finishes that are typical for a home of this era.
4. What can the past sale data tell me?
Public records indicate it last sold between $250k-$300k in April 2021. This range was around the 30th-49th percentile at that time, meaning it sold for less than many comparable properties. For exact historical sale prices, a manual lookup with the site is required.
5. How is this property positioned for value?
The data indicates a value profile of "more space for the money." You are acquiring a home with elite-level square footage for an average-tier price, with the trade-off being an older building compared to some immediate neighbors.