Property Overview: 23 Blackwater Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This home at 23 Blackwater Bay stands out on its street for its generous size and established value. With 1,622 sqft of living space, it is significantly larger than the average home on Blackwater Bay, ranking in the top 5% on the street. Its assessed value of $458k is also the highest among its 41 direct neighbors, indicating it is viewed as a premium property on the block. The lot size of over 5,500 sqft is above the street average, offering good outdoor space.
The appeal lies in its position as a well-above-average home within a specific, established community. Built in 1980, it is a mature property in a neighborhood where many homes are newer, which may appeal to buyers seeking character, tree-lined streets, and a settled feel over a brand-new build. It suits buyers looking for a spacious home in a quiet South Winnipeg suburb, who value a strong footprint and lot size relative to immediate neighbors, and who are comfortable with a home that may require updates reflective of its era.
A thoughtful perspective is that this property represents a "street leader" rather than just a neighborhood home. Its metrics suggest it's one of the best examples on its block, which can provide a sense of pride and stability. However, its older build date compared to the wider area means a buyer's investment may lean more toward personalization and maintenance rather than paying for recent renovations.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it excels specifically on its own street. It has the highest assessed value and is much larger than the street average. In the broader River Park South area and citywide, it remains above average in size and value, though it is an older home compared to many in the immediate neighborhood.
2. What was the last sold price?
The property last sold between October 2017 for a price between $350,000 and $400,000. Exact sale figures are not publicly displayed here due to data source rules, but can be requested directly from the site via email.
3. What does the assessed value tell me?
The $458,000 assessment is for municipal tax purposes and indicates the city's valuation. That it ranks #1 on the street suggests it is consistently viewed as a high-caliber property on the block, which can be a positive indicator for resale.
4. Is the 1980 build date a concern?
It is around the average age for the street but older than many homes in River Park South. This is typical for the original core of an established neighborhood. It implies well-grown landscaping and a mature streetscape, but buyers should budget for updates to systems, windows, or interiors that are over 40 years old.
5. How usable is the lot?
At 5,537 sqft, the lot is larger than most on Blackwater Bay, offering good potential for gardening, play, or outdoor living. It is slightly below the citywide average for comparable homes, but is a strong size for the area.