26 Aldgate Road

Property Overview: 26 Aldgate Road, River Park South, Winnipeg

Key Characteristics & Appeal

This 1986-built home in River Park South presents a practical opportunity centered on its lot and location. At 968 sqft, the living space is notably below average for both the street and neighborhood, indicating a more compact, efficient layout. However, the property stands out with an above-average land area of 5,553 sqft for its street, offering valuable outdoor space that many newer homes in the area lack. With an assessed value of $391k, it sits around the city-wide average but below the averages for its immediate area, suggesting a potentially more accessible entry point into a well-established neighborhood.

The appeal lies in this balance: it’s a chance to secure a larger lot in a mature community without the premium price tag of a larger house. It suits first-time buyers or downsizers who prioritize yard space over square footage and are comfortable with a home that may require updates reflective of its 1980s build date. A thoughtful perspective is that its below-average size and value for the street could mean less property tax burden relative to neighbors, while the lot offers future potential for expansion or landscaping, something not always available in newer subdivisions.

Frequently Asked Questions

1. Is the house particularly small compared to its neighbors?
Yes. The living area is below average for Aldgate Road, the broader River Park South neighborhood, and even slightly below the Winnipeg average for comparable homes.

2. What is the standout feature of this property?
The lot size. At over 5,500 sqft, the land area is significantly larger than the street average, offering more private outdoor space than many surrounding properties.

3. How does its value compare to nearby homes?
Its assessed value is below the average for Aldgate Road and River Park South but aligns closely with the overall Winnipeg average. This indicates it may be priced more accessibly within its immediate community.

4. Are recent sale prices available for this home?
Yes, it sold in May 2023 and previously in August 2019. The website provides approximate price ranges; to obtain exact, verified sale figures, you must request them directly via email due to data licensing rules.

5. What are similar nearby properties like?
Nearby homes on Aldgate Road and in River Park South, built from the mid-80s to mid-90s, are generally larger in living area (often 1,100 - 1,800 sqft) and have a higher average assessed value, highlighting this home's position as a more compact option on a desirable lot.