Property Overview: 169 Aldgate Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1997-built home in River Park South presents a practical and efficient living space. With 1,090 sqft of living area, it is slightly more compact than many homes on its own street but sits close to the average for the wider neighborhood and city. Its assessed value of $404,000 is positioned around the middle range for the immediate area, offering a potentially accessible entry point into a stable community.
The appeal here is one of balance and manageability. The home is newer than most in Winnipeg, suggesting modern construction standards and potentially lower immediate maintenance needs compared to older city homes. However, a notable characteristic is the land area of 3,734 sqft, which is smaller than most lots on the street and in the neighborhood. This translates to less yard upkeep—a significant advantage for buyers seeking a low-maintenance lifestyle without sacrificing indoor space. It would suit first-time buyers, downsizers, or investors looking for a straightforward, turnkey property in a well-established suburban area. The value proposition centers on a modern-enough home in a good location, with the trade-off being a more compact lot.
Section 2: Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
It depends on your priorities. While it offers less private outdoor space, it significantly reduces landscaping time and costs. For those who prefer spending weekends at community parks or lakes rather than maintaining a large yard, it can be a practical benefit.
2. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is not a direct marker of market value. However, it provides a useful benchmark. This home’s assessment is moderately above the Winnipeg average but below the average for Aldgate Road, suggesting it may be priced for its efficient size rather than premium lot value.
3. What does the "Around Average" ranking for most metrics indicate?
It points to a home that is very typical for its community. There are no extreme outliers in size, value, or age, which can be positive for resale. It’s a representative property in River Park South, not over-improved or under-improved for the area.
4. The home sold in 2021. What can that tell me?
The prior sale price (estimated between $400k-$450k) gives a recent market anchor. Given the stability in assessed value since, it suggests the property hasn’t seen dramatic, unsubstantiated appreciation, which can indicate a reasonable market history.
5. Where can I get verified sale price history for this home?
The site notes that due to industry rules, exact MLS sales data isn't displayed publicly. They offer a manual lookup service where you can request the exact sale history via email, which they will provide without using your contact information for marketing.