Property Overview
This 1984-built home at 19 Poitras Place in River Park South is a compact, single-family property with 888 square feet of living space on a 5,057 square foot lot. Its assessed value is $375,000. The data presents a clear picture: this is a smaller, more affordable entry point into a well-established Winnipeg neighborhood.
Key Characteristics & Appeal
The primary characteristic of this home is its efficient scale. At 888 sqft, its living area is notably below the averages for its street, neighborhood, and city, positioning it as one of the smallest homes in the immediate area. This translates directly into its core appeal: accessibility. With an assessed value below the local averages but aligning closely with the Winnipeg citywide average, it offers a financially manageable path to homeownership in River Park South.
Its appeal lies in this value proposition. For the right buyer, the smaller size is not just a compromise but a practical benefit, meaning lower utility costs, less maintenance, and easier upkeep. The lot size is consistent with area norms, offering adequate outdoor space without being burdensome. The home’s age is typical for the street but is actually newer than many Winnipeg homes citywide.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property in a mature suburb. It’s for those who prioritize location and financial feasibility over square footage, and who see potential in a home that is simpler to manage and heat.
Frequently Asked Questions
1. Is this the smallest house on the street?
Very nearly. Ranking 22nd out of 23 homes on Poitras Place for living area, it is among the smallest, which is a key factor in its below-average assessed value for the street.
2. Why is the assessed value higher than the last sold price?
The home sold for an estimated $300k–$350k in early 2023. The current $375k assessment reflects the municipal valuation for tax purposes, which can differ from market value and may have been updated since the last sale.
3. What does "around average" for the city mean for value?
While the home’s value is below average for its own neighborhood, it ranks near the middle (Top 45%) citywide. This suggests it represents a very typical Winnipeg price point, but within the more affluent context of River Park South, it stands out as a more affordable option.
4. Is the lot size a drawback?
Not necessarily. At just over 5,000 sqft, the lot is slightly smaller than the street average but is very close to the neighborhood average. It provides a manageable yard space that is common for the area.
5. How can I verify the exact past sale price?
The site provides sold price ranges based on public data. To obtain the exact, verified sale figure, you must request a manual lookup via email, as MLS transaction records are not displayed due to industry regulations.