16 Elsey Road

Property Overview: 16 Elsey Road, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 16 Elsey Road stands out for its above-average size and value within its context. Built in 2011, it offers 2,155 sqft of living space, which is notably larger than typical homes in River Park South, across Winnipeg, and even on its own street. This substantial size is its primary asset, providing ample room for family living. The assessed value of $596k aligns with this, ranking consistently in the top 8% of comparable homes at the street, neighborhood, and city level.

The appeal lies in acquiring a relatively modern, spacious home in an established neighborhood. While the lot size is average for the area, the house itself maximizes the living space efficiently. It suits buyers looking for a move-in ready, larger-than-average home without venturing into brand-new subdivisions. It’s particularly well-matched for growing families or those who value interior space over extensive yard maintenance. A thoughtful perspective is that while it ranks #1 on its street for living area, the year-built ranking suggests it’s among the older homes on a street of newer builds, indicating a mature, settled streetscape.

Section 2: Frequently Asked Questions

1. What did this property last sell for?
Public records indicate it sold in September 2023 for a price between CA$650,000 and CA$700,000. For fully verified and exact sale figures, a manual lookup through the site’s email request service is required.

2. How does the size of this home compare to others nearby?
Its living area of 2,155 sqft is significantly above average. It ranks #1 out of 13 on Elsey Road and is in the top 7% of homes in both the River Park South neighborhood and the city of Winnipeg for comparable properties.

3. Is the assessed value a reliable indicator of market price?
The assessed value of $596k is a strong benchmark for municipal taxation and shows the home is valued highly compared to peers. However, market price is influenced by current conditions, property condition, and recent upgrades, so it should be considered alongside recent sale prices and a professional appraisal.

4. The home was built in 2011. Is that considered old for the area?
Not at all. While it’s around the average age on its specific street, it is newer than 90% of comparable homes in the broader River Park South neighborhood, making it a relatively modern property in that context.

5. What are the comparable homes nearby?
Nearby properties with similar assessed values (around $596k) include homes on streets like Elmhurst Road in Varsity View and Sansregret Court in Ridgewood South. On Elsey Road itself, similar homes include 10 Elsey Road (assessed at $547k) and 30 Kellendonk Road (assessed at $581k), providing a direct local comparison.