Property Overview: 150 Vadeboncoeur Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,739 sqft home, built in 2008, presents a compelling value proposition within Winnipeg's River Park South neighborhood. Its primary appeal lies in its modern age relative to its surroundings; it is the newest home on its street, offering the benefits of a relatively contemporary build without the premium of a brand-new property. The living space is comfortably above average for both the neighborhood and the city, providing ample room without being oversized.
The property’s assessed value of $543k tells an interesting story: while it sits below the average for its own street, it is notably above the averages for the wider neighborhood and city. This suggests you are acquiring a well-sized, modern home in an established area, but on a street where many homes have even higher valuations—potentially indicating a street with larger or more upgraded properties. The lot size is standard for the area.
This home would suit practical buyers looking for a move-in-ready, modern property in a mature suburban community. It’s ideal for those who value being in a well-established neighborhood with newer infrastructure, and for buyers who are comfortable with a property that is a strong performer in its wider market, even if it’s more modest compared to its immediate neighbors.
Frequently Asked Questions
1. Is this home a good value compared to others nearby?
The data suggests it is a strong value within the broader River Park South area and citywide, offering above-average living space and a newer build for a price above the local average but below the average for its specific street.
2. What does it mean that the home is "below average" for its street?
This primarily reflects that other homes on Vadeboncoeur Drive tend to have higher assessed values and larger living areas on average. It doesn't necessarily mean the home is inferior, but that it may be one of the more accessible entry points onto a desirable street.
3. How reliable is the sold price data from 2019?
The listed sold price range (CA$400k–450k) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site, as explained in the details.
4. The home is newer than most in the area. What are the potential implications?
A 2008 build likely means updated building materials, electrical, and plumbing standards compared to many nearby homes built in the 80s and 90s. This can translate to lower immediate maintenance costs and better energy efficiency.
5. Are the property taxes likely to be high?
The assessed value ($543k) is well above the neighborhood and city averages, which is the primary basis for property tax calculation. Prospective buyers should budget for property taxes commensurate with this above-average assessment for the area.