2 Tilstone Bay

Property Summary: 2 Tilstone Bay, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 2 Tilstone Bay presents a compelling mix of space, established location, and relative value within its desirable River Park South neighborhood. Its key appeal lies in offering above-average living space (2,093 sq. ft.) on a generously sized lot (6,753 sq. ft.) that ranks among the largest on its street. While the assessed value of $549k is around the average for Tilstone Bay itself, it positions the property as an above-average value for the wider neighborhood and city, suggesting you get more house and land for your dollar here than in many comparable areas.

Built in 2000, the home is newer than most in Winnipeg but is one of the older homes on its particular street, which is lined with newer construction. This offers a balanced perspective: the property avoids the potential maintenance issues of much older homes while being situated in a mature, established pocket with grown landscaping.

This property would best suit buyers who prioritize indoor and outdoor space over having the newest build on the block. It’s ideal for a family seeking a sizable yard in a sought-after community, or for a value-conscious buyer looking for a home with a strong footprint in a neighborhood where newer builds command a premium. It represents a "move-in ready, grow-into-it" opportunity rather than a new construction or full renovation project.

Section 2: Frequently Asked Questions

1. How does the 2000 build year compare to nearby homes?
While the home is newer than the average Winnipeg house, it is below the average build year (2010) for its own street. This means the immediate area features newer homes, but 2 Tilstone Bay itself benefits from being past its initial settling period with established gardens and trees.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $549k is a municipal tax valuation, not a market price. Notably, it sits below the street's average assessed value, which could indicate potential value relative to its neighbors. However, market conditions, the home's interior condition, and recent upgrades will ultimately determine the sale price.

3. The home sold in 2020. What can that sale tell us?
The previous sale in September 2020 fell within the CA$400k–450k range. This historical data provides a benchmark, but the significant appreciation in property values since that time means the current market value will be substantially higher.

4. How does the lot size compare?
The lot is a significant feature, ranking 3rd largest out of 33 on Tilstone Bay. At over 6,700 sq. ft., it provides ample outdoor space, which is a premium and less common feature in newer subdivisions.

5. Where can I find verified past sale prices or a full transaction history?
The public data provided is gathered from non-MLS sources. Due to industry regulations, a full and verified transaction history from the MLS is not displayed online here. You can request this information directly via the site's email lookup service to receive exact figures.