Property Overview: 123 Aldgate Road, Winnipeg
Key Characteristics & Buyer Appeal
This 1,546 sqft home, built in 1986 on a 4,526 sqft lot in River Park South, presents a solid, middle-of-the-road offering in the Winnipeg market. Its primary appeal lies in its balance and stability. The living space is above the citywide average, offering more room than many Winnipeg homes, while its assessed value of $408k is very close to the city average. This suggests you are getting a reasonably sized home at a value that aligns with broader market norms.
The home is well-suited for practical buyers—perhaps first-time homeowners or downsizers—who prioritize space and value over a newer build or a premium lot size. It’s a characteristic home for its street and neighborhood, meaning it fits right in without standing out. A thoughtful perspective is that its 1986 construction, while older than many on its street, is still newer than the average Winnipeg home. This could indicate well-established infrastructure and mature landscaping, but buyers should be prepared for updates consistent with a home of this age. Its recent sale in mid-2023 provides a relevant, modern price benchmark for comparison.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,546 sqft, the living area is larger than the average Winnipeg home (1,342 sqft). It is very close to the average for both its immediate street and the wider River Park South neighborhood.
2. Is the assessed value high for the area?
The $408k assessment is below the average for Aldgate Road and River Park South. However, it sits slightly above the Winnipeg city average, indicating it is a mid-range property in the broader market context.
3. The home was built in 1986. Is that a concern?
It is older than most homes on its street, where the average build year is 1998. However, it is still newer than the average Winnipeg home (1966). A standard home inspection is advised to understand the condition of major systems and potential update needs.
4. What was the recent sale price?
Public records show it sold between $400,000 and $450,000 in July 2023. For verified, exact sale figures, you can request a manual lookup from the site via email.
5. How does the lot size compare?
The lot is approximately 4,526 sqft. This is typical for Aldgate Road but smaller than the average lot in both River Park South and Winnipeg overall, which is a common trade-off in more established neighborhoods.