Property Overview: 191 Alburg Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This home presents as a solid, established property in the River Park South neighborhood. Built in 1983, it offers 1,589 sqft of living space on a 5,872 sqft lot. The data reveals a house that is consistently "around average" for its immediate street and neighborhood in terms of size, assessed value, and age, but it gains an "above average" standing for living area when compared city-wide. Its lot size is notably above the neighborhood average, which is a quiet advantage for outdoor space. The home last sold in early 2024 within the CA$400k–450k range, a price point that performed well against local and city benchmarks.
The appeal here is one of stability and predictability. It’s a home that fits seamlessly into its community, neither the largest nor the smallest, offering a balanced footprint. It would suit practical buyers—perhaps first-time homeowners, small families, or downsizers—who value a move-in ready, no-surprises property in a mature suburb. The above-average lot for the area is a bonus for those envisioning a garden, play space, or simple room to breathe, without the premium of a brand-new development. It’s a choice for someone seeking a comfortable home rather than a standout project or a luxury statement.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is very typical for Alburg Drive itself, closely matching the street averages for year built, size, and value. Within the broader River Park South area, it has a slightly larger-than-average lot.
2. What does the sold price range from 2024 indicate?
The CA$400k–450k sale price placed this home in the top 15% of sales on its street at the time, and in the top third for the neighborhood and city, suggesting it was a competitively priced and desirable property in its market segment.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $424k is a municipal tax valuation. It is close to the street average and was near the lower end of the home's actual 2024 sold price range. Market conditions, property condition, and updates will determine the final sale price.
4. What are the less obvious points to consider?
A key perspective is that while the house is average for its street, its lot size is in the top 26% for the neighborhood, offering more outdoor potential than many nearby properties. Also, being built in 1983 means major components (roof, windows, HVAC) may be due for updates or have recently been replaced, which due diligence should investigate.
5. How can I get the exact historical sold prices?
The site does not display exact MLS sold figures due to industry rules. You can request the exact sold price history by emailing the provided contact; they will manually look up and send the verified information.