Property Overview: 14 Aldgate Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1987-built home in River Park South presents a practical entry point into a mature, established neighborhood. With 968 square feet of living space on a 4,051 sqft lot, its key characteristic is its compact efficiency. The home sits below the local averages for both size and lot dimensions, which is reflected in its assessed value of $386k—positioning it as a more affordable option within its immediate area and street.
Its primary appeal lies in value and location. For a buyer, you are purchasing a stake in a desirable neighborhood at a price point that is notably below the street and area averages for assessed value. This creates an opportunity for first-time homeowners or downsizers to access River Park South without the premium price tag of larger homes nearby. The year built is relatively newer than the Winnipeg average, suggesting a potentially more modern construction than many city-wide alternatives. It would suit a pragmatic buyer—someone who prioritizes neighborhood over square footage, is comfortable with a cozier layout, and sees potential in a home that may offer room for personal updates over time. It’s a straightforward property that asks for a realistic assessment of space needs versus location benefits.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than others nearby?
Yes. At 968 sqft, the living area is below average for Aldgate Road, the River Park South neighborhood, and Winnipeg overall. This is a compact home compared to most peers in the area.
2. How does its value compare to the neighborhood?
The assessed value of $386k is below the local averages for both the street ($466.4k) and the wider River Park South area ($447.2k). This suggests it may be priced accessibly relative to its location.
3. What is the lot size like?
The lot is 4,051 sqft, which is below average for the street, neighborhood, and city. Outdoor space is more limited compared to many surrounding properties.
4. When was it last sold, and for how much?
Records indicate a sale between April 2021, with a price in the range of $350,000 to $400,000. Exact figures require a manual lookup from the provider.
5. Are there similar homes nearby for comparison?
Yes. The listing references several nearby properties on Aldgate Road, Gobert Crescent, and Burland Avenue, built in the mid-1980s to mid-1990s, with living areas typically ranging from 1,100 to 1,600 sqft and assessed values from $375k to $490k, providing useful context.