Property Overview: 2-2307 St Mary's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, mid-sized condominium in the established River Park South neighborhood. Built in 2008, it is a relatively newer property compared to many in the area, which can mean fewer immediate concerns with major components like roofing or windows. With 1,152 square feet of living space, it sits comfortably above the neighborhood average, offering a practical amount of room without being excessive.
The appeal lies in its balance and positioning. The assessed value of $288k is modest for the city and neighborhood, suggesting a potentially accessible entry point into a stable community. It’s not a standout luxury property, but rather a solid, contemporary living space that ranks consistently around or above average in key metrics when compared locally. This makes it a sensible choice for first-time buyers, downsizers, or investors seeking a low-maintenance property with a modern build date in a family-friendly area. A thoughtful perspective is that its "average" rankings across the board indicate a property that is unlikely to be overpriced for its offering, representing a pragmatic rather than aspirational purchase.
Section 2: Frequently Asked Questions
1. How does this condo’s size and value compare to nearby houses?
The living area is above the neighborhood average for comparable properties, but the assessed value is also higher than the area average. This suggests you are paying a bit more for a newer (2008) build and potentially more modern features compared to the many 1980s-90s homes in River Park South.
2. What does the "Sold 5/2021" price range indicate?
Public data shows it sold for an estimated $250k-$300k in May 2021. The current assessed value of $288k falls within that band, indicating market value has remained relatively stable in the intervening years.
3. Is this a good investment compared to other units in the building?
The listing shows several other units at the same address. A key question would be to compare condo fees, unit orientations, and interior conditions, as these factors greatly influence value and livability within the same building.
4. The data shows many nearby reference properties are larger and more valuable. How does that affect this listing?
Many compared homes are single-family houses, which typically command more space and higher values. This condo offers a lower-maintenance alternative at a lower price point, appealing to a different buyer profile than those looking for a detached home.
5. How reliable is the sold price data provided?
The site notes this data is from public online sources, not the MLS, and is presented in broad ranges. For precise historical sale figures, you must request a manual lookup from the site administrators, as full MLS transaction records are not displayed due to industry rules.