Property Overview: 267 Aldgate Road, River Park South, Winnipeg
Key Characteristics & Appeal
This home at 267 Aldgate Road presents a compelling blend of modern comfort and established community. Built in 2007, it is notably newer than most homes on its street, in the River Park South neighborhood, and across Winnipeg. This suggests updated building standards, materials, and likely less immediate need for major system replacements.
The 1,882 sqft living area is a key strength, consistently ranking in the top 15-16% when compared to similar homes on the street, in the area, and city-wide. This offers above-average interior space for the market. The assessed value of $508k reflects this, sitting above neighborhood and city averages. While the lot size is slightly below average for the immediate area, the trade-off is a more modern, spacious home on a manageable property.
Its appeal lies in this balance: you get a relatively contemporary home with generous living space in a mature, family-oriented suburb. It suits buyers looking to move into an established neighborhood without taking on an older home’s potential renovation projects. It’s ideal for growing families or professionals who prioritize interior square footage and modern construction over a large yard.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is smaller than many neighboring lots. This typically means less exterior maintenance but may limit expansion possibilities like large additions or pools. It often results in a more efficient use of space, with the home’s footprint taking a greater portion of the lot.
2. Is the assessed value a reliable indicator of market price?
The assessed value ($508k) is for municipal tax purposes and is a useful benchmark, showing the home is valued above area averages. However, market price is determined by current buyer demand, condition, and recent sales of comparable homes. The last known sale was between 2016-2020.
3. What does the "newer build" mean for me practically?
A 2007 build generally means modern electrical wiring (including more outlets), newer plumbing, better insulation standards, and potentially more contemporary room layouts (like open-concept spaces). It may also mean components like the roof, furnace, and windows are mid-life rather than nearing replacement.
4. How does this home compare to others on the street?
It ranks highly for living space (top 16%) and is much newer (top 7%) than the average home on Aldgate Road. Its assessed value is around the street average, suggesting you may be getting more modern house for a value that aligns with the street’s overall pricing.
5. Where can I get verified historical sale data?
The provided sold price is an estimate from public data. For a complete and verified transaction history, you must request a manual lookup from the site, which they will provide via email, as MLS sold records are not displayed publicly here.