Property Overview: 174 Alburg Drive, Winnipeg
Key Characteristics & Appeal
This 1,754 sqft home, built in 1984 on a 5,841 sqft lot in River Park South, presents a solid, above-average offering within its market. Its primary appeal lies in its strong and consistent positioning across key metrics when compared to neighbors. The living space is a standout feature, ranking in the top 5% on its own street and above both neighborhood and city averages, suggesting a home that offers more room than most in the immediate area. While its assessed value is consistently around the average for its street, neighborhood, and city, the home’s size and a lot that is larger than many in River Park South offer tangible value.
The property would suit practical buyers looking for a well-sized family home in an established neighborhood without a premium price tag. It’s particularly appealing for those who prioritize interior space over a brand-new build and appreciate a home that is newer than the Winnipeg average. The historical sale data indicates stable value, making it a considered choice for buyers seeking a residence with predictable market performance rather than a speculative investment.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
This home’s living area of 1,754 sqft is notably larger than comparable homes on its street (avg. 1,438 sqft), in River Park South (avg. 1,410 sqft), and across Winnipeg (avg. 1,342 sqft). It ranks in the top 5% for size on Alburg Drive itself.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $437k is a municipal valuation for tax purposes and is around the average for the street and neighborhood. Actual market price is determined by current conditions, the home’s specific state, and buyer demand. The last sale in 2023 fell within the $350k-$400k range.
3. What does the year built (1984) imply for maintenance?
Built in 1984, the home is newer than 70% of comparable Winnipeg homes. Buyers should still budget for updates common to houses of this era, such as roofing, windows, or major mechanical systems, which may be nearing the end of their typical lifespan.
4. How stable has the property’s value been?
Available data shows it sold in both 2016 and 2023 within the same $350k-$400k price band, suggesting its market value has remained consistent through that period, even as assessed value increased.
5. Where can I get verified, exact historical sale prices?
The site provides estimated price ranges. To obtain fully verified and exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.