Property Overview
This 1,102 sqft bungalow at 27 Aldgate Road in Winnipeg's River Park South neighborhood presents a straightforward, mid-sized family home built in 1986. Its appeal lies in its position as a solid, average offering within a well-established community. The home sits on a 4,634 sqft lot, providing standard outdoor space for the area. With an assessed value of $394k, it sits below the street average but aligns closely with the city-wide benchmark, suggesting a potentially accessible entry point into the neighborhood. A key, less obvious point is its age: while older than most on its street, it's notably newer than the average Winnipeg home, which may indicate a balance of established infrastructure without some of the maintenance concerns of much older properties.
Key Characteristics & Ideal Buyer
The home’s key characteristic is its consistency. Across living area, lot size, and value, it consistently ranks as "around average" for both the neighborhood and the city, indicating a typical River Park South experience. Its assessed value is below the street average, which could signal value or may relate to its smaller size and older construction date compared to immediate neighbors. The appeal is for buyers seeking a predictable, no-surprises home in a mature suburb—a practical choice over a standout one. It would best suit first-time buyers or downsizers looking for manageable space and a stable community without premium pricing. A thoughtful perspective is that this home represents the "backbone" of the suburb: not the newest or largest, but a reliable component that offers a realistic picture of everyday living in the area.
Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value of $394k is below the street average of approximately $466k. This could represent a value opportunity, but it's important to investigate the reasons, which likely relate to the home's smaller size and older build date compared to many neighbors.
2. How does the living space compare to typical homes in Winnipeg?
At 1,102 sqft, the living area is slightly below the neighborhood average but very close to the city-wide average of 1,342 sqft. It offers a comfortably average amount of space for Winnipeg.
3. The home was built in 1986. Is that a concern?
While it's older than most homes on Aldgate Road, it is actually newer than the average Winnipeg home (built in 1966). This era of home will have established landscaping and likely some updated systems, but buyers should still budget for updates common to houses of this age.
4. What is the history of sold prices for this property?
Public records show it last sold between $300k-$350k in August 2016. To obtain the exact sale price and a full transaction history, a manual lookup through the site's service is required.
5. How does the lot size impact potential for expansion or outdoor use?
At 4,634 sqft, the lot is slightly smaller than the street average but offers standard suburban outdoor space. It provides adequate room for a backyard and garden but may have limitations for large additions or pools compared to larger lots in the city.