Property Overview: 170 John Forsyth Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1983 on a 3,897 sqft lot, presents as a solidly average home within its immediate context, offering predictability and value. Its primary appeal lies in its stability and alignment with neighborhood norms. The assessed value of $402k is very close to the street average, suggesting it is priced consistently with its direct peers without premium or discount. The home suits first-time buyers or downsizers seeking a manageable, single-level layout in an established community. It also appeals to value-conscious buyers who prioritize a lower maintenance yard, as the lot size is notably smaller than both the neighborhood and city averages—a potential drawback for some, but a benefit for those seeking less outdoor upkeep.
A thoughtful perspective is that this property represents a "known quantity." Its metrics consistently hover around the average for its street, indicating it fits seamlessly into the local fabric without extreme outliers in size, value, or age. This can translate to predictable property taxes and resale expectations. However, its below-average living area for the River Park South neighborhood hints that it may be a more compact option among typically larger homes in the area, potentially affecting future buyer pools.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $300k-$350k in September 2017. Its current assessed value of $402k is around the average for the street ($397.2k) and slightly above the citywide average for comparable homes.
2. Is the lot size a concern?
The lot is smaller than most on the street and in the wider neighborhood. This means less yard maintenance but also less private outdoor space. It’s a practical choice for those not wanting extensive gardening, but may not suit those wanting a large backyard.
3. What does the "around average" ranking mean for living space?
With 1,040 sqft, it offers slightly less space than the typical home in River Park South but is close to the Winnipeg average. It’s a comfortable size for a couple or small family but may feel compact for those needing multiple dedicated rooms or extensive storage.
4. Are exact past sale prices available?
The public data shows a sold price range. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS records.
5. How does its 1983 build date compare to nearby homes?
It is slightly older than the average home on John Forsyth Road (avg. 1989) but is typical for the neighborhood and is actually newer than the average comparable home across Winnipeg. This suggests well-established infrastructure and mature landscaping.