Property Overview: 111 Strand Circle, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,618 sqft home, built in 1980, presents a compelling mix of established community living and above-average substance. Its primary appeal lies in its clear standing as one of the larger and more valuable homes on its specific street. While it fits comfortably within broader Winnipeg averages, it stands out locally: the living area is significantly above the street average, and its assessed value ranks in the top 4% of Strand Circle. This suggests a property that has been maintained or updated to a standard that outpaces its immediate neighbors, offering a sense of premium positioning within a familiar, mature setting.
The home would suit buyers looking for a well-sized family home in an established neighborhood without venturing into newer, higher-priced subdivisions. It’s particularly suited for someone who values a strong relative investment within a micro-area—owning one of the "best" houses on a block rather than an average one in a more expensive zone. A thoughtful perspective is the 1980 build date, which is the oldest on the street. This could imply a classic, well-built structure, but it also places the home below the neighborhood average for year-built, suggesting potential for updates. The lot size is modest for the area, indicating a focus on interior living space over expansive outdoor grounds.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the last known sale was between $350k-$400k in late 2020. The current assessed value of $442k is elite for the street, indicating a significant increase in valuation since that last sale, which was already in the top 20% of street prices at the time.
2. Is the living space larger than most homes in Winnipeg?
Yes. At 1,618 sqft, the living area is above the city-wide average of 1,342 sqft, placing it in the top 25% of comparable homes in Winnipeg.
3. The home was built in 1980. Is that older than others in River Park South?
It is. The average build year in the neighborhood is 1990, making this home a decade older than the area average. However, it is precisely average for its own street, where most homes were built around the same time.
4. What does the assessed value ranking tell me?
The "Elite" ranking (Top 4%) on its street means the municipal assessment values this property more highly than 96% of comparable homes on Strand Circle. This often reflects improvements, size, condition, or desirability that set it apart from its immediate neighbors.
5. How can I find out the exact historical sale prices?
The provided sold price data is an estimated range. To obtain fully verified and exact sale figures from the transaction history, you must request a manual lookup via email through the site, as this information is not displayed publicly due to industry data rules.