Property Summary: 202 Alburg Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,320 sqft bungalow, built in 1984, presents a solid, established home in Winnipeg's River Park South neighborhood. Its primary appeal lies in its generous 6,979 sqft lot, which ranks well above average for both the street and the area, offering significant outdoor space and potential. The home's assessed value of $468k is notably above average for the immediate street, suggesting it is viewed favorably relative to its closest neighbors.
The property suits practical buyers looking for a stable, no-surprises investment in a mature community. It’s ideal for someone who values a larger yard over a larger house footprint, or for a buyer who sees potential in the lot size for future expansion, gardening, or outdoor living. While the living area is average for the city, the combination of a well-sized lot, an above-average assessment for the street, and a home built slightly newer than many in Winnipeg creates a balanced profile. It’s a home that doesn’t stand out for sheer size but offers a comparative advantage in land and a stable valuation foundation.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for Alburg Drive itself, ranking in the top 12% on the street. This indicates it is likely assessed higher than most of its direct neighbors, though it is more in line with the broader neighborhood average.
2. Is the lot size unusual for this area?
Yes. The lot is a key feature, ranking in the top 8% on its street and top 13% in River Park South. It is significantly larger than the area average, providing more private outdoor space than many surrounding properties.
3. What can the past sale price tell me?
Records show it last sold between $350k-$400k in July 2019. This historical data provides a benchmark, but for fully verified and exact sale figures, a manual lookup through the site is required due to data source restrictions.
4. Is this an older or newer home for Winnipeg?
Built in 1984, it is newer than the average Winnipeg home (1966). On its street and city-wide, its build year ranks above average, meaning it’s a relatively newer property in the context of Winnipeg’s housing stock.
5. Where can I see how this property compares visually with its neighbors?
The site offers a neighborhood analysis page that maps nearby houses, allowing you to compare this property with others on factors like lot size, year built, and assessed value directly on a map.