Property Overview
15 Westham Place is a well-established home in Winnipeg's River Park South neighborhood. Built in 1986, it stands out for its generous proportions, offering nearly 1,916 sqft of living space on a large 7,374 sqft lot. The home's recent sale price (estimated between $400k-$450k in late 2024) and its assessed value of $490k reflect its position as a above-average offering in its area. The data consistently shows this property outperforms most comparable homes in Winnipeg for size and value, while providing a solid, mature setting.
Key Characteristics & Appeal
This home’s primary appeal lies in its space and established neighborhood context. It is not just larger than average for the city, but is the largest home on its own street, offering a sense of premium space within a familiar community setting. The lot size is notably larger than most in River Park South, providing valuable outdoor room that is harder to find in newer subdivisions.
It would suit buyers looking for a "move-in ready" home in a mature area without the premium often attached to newer builds. It’s ideal for a growing family that needs more interior and yard space than typical, or for someone seeking a comfortable, long-term home in a settled part of the city. A thoughtful perspective is that while the home is from the mid-80s, its above-average rankings suggest it has been maintained or valued in line with market expectations, offering a balance between character and investment.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,916 sqft, this home is the largest among the 10 comparable properties on Westham Place and ranks in the top 14% for size within the broader River Park South neighborhood.
2. Is the assessed value in line with recent sale prices?
The home was assessed at $490k. It sold in late 2024 for an estimated $400k-$450k. This suggests the sale price came in below its assessed valuation, which could indicate a variety of market or property-specific factors worth exploring.
3. What does the lot size offer?
The 7,374 sqft lot is significantly larger than the neighborhood average (~5,447 sqft), placing it in the top 11% locally. This allows for more private outdoor space, gardening potential, or room for additions like a shed or deck.
4. How does this property rank for investment or value retention?
The data shows its assessed value ranks in the top 10% on its street and top 21% citywide against comparable homes, indicating a strong historical value proposition. Its consistent "above average" rankings across key metrics suggest a property that has held its relative market position.
5. Where can I get verified sale price history?
The provided sold prices are based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry rules.