Property Overview: 230 Tufnell Drive, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft bungalow, built in 1979, presents a practical and affordable entry point into Winnipeg’s established River Park South neighborhood. Its key appeal lies in its relative value. While the living space and lot size (3,596 sqft) are notably smaller than most in the immediate area, this is reflected in a below-average assessed value for the street and neighborhood. This creates an opportunity for buyers seeking lower carrying costs and property taxes compared to neighboring homes.
The home’s appeal is grounded in practicality. It would suit first-time buyers, downsizers, or investors looking for a manageable property in a mature community with lower upfront and ongoing costs. A thoughtful perspective is that a smaller, efficiently designed home on a compact lot can mean less time and money spent on maintenance and utilities, freeing up resources for renovations, travel, or savings. Its citywide assessed value is around average, suggesting it aligns with broader Winnipeg market norms, even if it’s a more modest offering within its specific community.
Section 2: Frequently Asked Questions
1. How does the smaller lot size impact daily living?
While the yard is smaller than most on the street, it requires less upkeep. It may be better suited for a patio or low-maintenance landscaping rather than extensive recreational space.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($354K) is for municipal tax purposes. The last known sale was between $250K-$300K in 2016. Market conditions, property condition, and updates since then will determine the current market value.
3. What are the implications of the living area being below neighborhood averages?
The home offers efficient, compact living. It may feel cozy for a growing family but could be ideal for individuals or couples. It’s wise to consider if the layout meets your spatial needs for furniture and storage.
4. The home is older than many in River Park South. Should I be concerned?
Built in 1979, it’s actually older than the neighborhood average but typical for Winnipeg overall. This means potential systems (roof, windows, furnace) may be due for inspection or updates, which is common for homes of this vintage.
5. How can I get the exact historical sale prices for this property?
The site does not display MLS sold records. You can request the exact sale history via email from the provider for a manually verified report, as the publicly available data shows approximate price ranges only.