Property Overview: 23 Becontree Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and rarity for its River Park South neighborhood. Its most standout feature is the land: at over 12,000 square feet, the lot size is not only double the street average but places in the top 1% for the entire area, offering exceptional outdoor potential. The 1,601 sqft living space is comfortably above the Winnipeg average, providing ample room. With an assessed value of $523k, the property sits in the top 10% on its own street and above average for both the neighborhood and city, signaling a solid and desirable valuation.
The appeal lies in this above-average package—a spacious home on a truly premium lot in a mature, established community. It suits buyers looking for a long-term family home where the yard is a major asset for gardening, play, or future expansion. It also appeals to those who value a home with a strong, above-average assessed value foundation relative to its peers, suggesting a sound investment in a stable area. A thoughtful perspective is that while the home was built in 1986 (slightly older than some neighbors), it benefits from the mature landscaping and settled character of an established street, and its citywide ranking for year built is still above average.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $523k is for municipal tax purposes and is a strong indicator of the property's standing, placing it well above local averages. However, the final selling price is determined by the current market, buyer demand, and the home's condition.
2. What does the "elite" lot size ranking practically mean for me?
Ranking in the top 1% for land area in River Park South means you are getting a property with significant outdoor space that is very rare for this community. It allows for larger decks, gardens, play areas, or even future additions where lot size permits.
3. The home was last sold in 2016. Can I find out the exact sold price?
Exact historical sale prices are not displayed publicly on this site due to data source rules. You can request the exact figures via the email lookup service provided on the property page for verified details.
4. How does the living area compare to nearby homes?
At 1,601 sqft, the living area is slightly above the street and neighborhood average. It offers more interior space than about two-thirds of comparable homes in Winnipeg overall.
5. The year built is listed as "below average" for the street. Should I be concerned?
This primarily means most immediate neighbors built their homes a few years later (average street year built is 1989). The home is still well-maintained and above the city's average. It's wise to focus on the home's specific condition, updates, and inspection report rather than this minor date differential.