Property Overview: 27 Nault Circle, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South stands out for its above-average scale and modern build within a mature neighbourhood. Built in 2006, the property offers 2,317 sqft of living space on a generous 8,983 sqft lot, placing it in the top tier of homes locally for size. Its assessed value of $642k reflects its premium positioning, ranking in the top 3% of the River Park South area.
The primary appeal lies in its spaciousness and established setting. You get the roominess of a newer, large floor plan on a sizable lot, but in a neighbourhood with decades of growth and community establishment. It’s a home that offers move-in-ready space without being in a brand-new subdivision. This property would best suit buyers looking for a long-term family home who value interior space and a larger yard over a brand-new build. It’s also a strong option for those who appreciate a home that holds intrinsic value within its immediate circle and wider community, as evidenced by its consistently high rankings across key metrics.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $642k is for municipal tax purposes and is a useful benchmark, showing the home is valued highly relative to peers. The actual market price will be influenced by current conditions, the home’s interior condition, and recent comparable sales, which may differ.
2. The home sold in 2016 for between $450k-$500k. What does that mean for today's value?
This historical sale shows the property’s value trajectory over nearly a decade. The increase aligns with broader market trends and specific improvements to the area, but it’s essential to get current, verified sales data for the most accurate comparison.
3. What does it mean that the home ranks "Elite" in the neighbourhood for living area?
With a ranking in the top 2% for River Park South, it means this home is significantly larger than most in the area. For a buyer, this suggests less likelihood of outgrowing the space and a potential advantage in future resale within the community.
4. The lot is large, but what is the neighbourhood context?
At nearly 9,000 sqft, the lot is over 35% larger than the neighbourhood average. This offers superior outdoor space for privacy, gardening, or recreation, which is a notable find in this established area where many lots are more standard in size.
5. Where can I find exact historical sale prices and more detailed comparisons?
The provided sold price is an estimated range from public records. For precise figures and a full transaction history, you must request a manual lookup from the site, as MLS data is not displayed publicly here due to industry regulations.