Property Overview: 118 Alburg Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,603 sqft home, built in 1984, presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Its primary appeal lies in its consistency and positioning within a mature community. The living space is comfortably above the Winnipeg city average, providing ample room for a family, while its assessed value is closely aligned with local street and area averages, suggesting a fair market valuation. The lot size of 5,440 sqft is typical for the area, offering standard outdoor space.
A less obvious point of appeal is the home’s age relative to its immediate street—it is newer than most on Alburg Drive, which may imply updates or a construction era with certain modernizations. This property doesn’t stand out as exceptional in any single category but rather offers a balanced, low-surprise profile. It would suit practical buyers looking for a stable family home in a well-established neighborhood without extreme premiums or fixer-upper risks. It’s a suitable choice for those prioritizing space and neighborhood continuity over luxury finishes or the latest designs.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,603 sqft, it is larger than the average Winnipeg home and very close to the average for both River Park South and Alburg Drive itself, placing it in a comfortable, mainstream size range for the area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $426k is around the average for the street and neighborhood. Recent sold prices on the street from 2021 fell in the $350k-$400k range, but market conditions change. The assessment is a useful benchmark, but the final sale price will be determined by current market dynamics.
3. What does the year built (1984) tell me about the property?
Built in 1984, this home is slightly newer than most on its street and significantly newer than the Winnipeg city average. This often means building materials and layouts from that era, which may have undergone some updates over the last 40 years.
4. Are sold prices for this property available on this site?
Exact sold prices are not publicly displayed due to industry rules. The site shows a past sale range (e.g., CA$350k–400k for 10/2021). You can request exact historical figures via email from the site provider for verified data.
5. How does the lot size impact potential for expansion or outdoor use?
The 5,440 sqft lot is slightly smaller than the street average but very close to the neighborhood average. It provides standard suburban outdoor space but may have limitations for large additions compared to larger lots in the city.