Property Overview: 272 Aldgate Road, River Park South, Winnipeg
Key Characteristics & Appeal
This home stands out as a premium offering in Winnipeg's River Park South neighborhood, distinguished by its above-average size and modern construction. Built in 2008, it is notably newer than most homes in the area. Its primary appeal lies in its generous scale: with over 2,130 square feet of living space, it ranks in the top 3% on its own street and top 8% city-wide. The nearly 9,500 square foot lot is exceptionally large for the street, placing it in the top 1% locally, offering significant outdoor space and privacy that is rare for newer subdivisions.
The property’s assessed value of $614,000 reflects its premium positioning, ranking first on Aldgate Road and in the top 4% of the neighborhood. It last sold for an estimated $600k-$650k in early 2023. This combination of a modern build, spacious interior, and a large lot in a well-established suburban area makes it particularly suited for buyers seeking a move-in ready family home without the maintenance concerns of an older property. It appeals to those who value space and newer infrastructure but want to be part of a mature community, rather than a brand-new development.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on public data, it sold for between $600,000 and $650,000 in January 2023. Its current assessed value is $614,000, which is significantly higher than the averages for its street ($466k), neighborhood ($447k), and city ($390k).
2. Is the lot size typical for the area?
No, it is exceptional. At 9,496 sqft, the lot is roughly double the average size for Aldgate Road (4,776 sqft) and substantially larger than the neighborhood average (5,447 sqft).
3. What does the "Elite" or "Above Average" ranking mean?
These rankings compare this specific property to similar homes in three scopes: its immediate street, the broader River Park South neighborhood, and all of Winnipeg. "Elite" indicates it is in the top 5% for that metric in that scope.
4. The home was built in 2008. Are there any potential concerns with that age?
A 2008 build is considered modern and likely has contemporary wiring, plumbing, and insulation. It may be approaching the point where some major components (like the roof, HVAC, or appliances) could need evaluation or replacement due to normal wear and tear, which is a consideration for any home of this age.
5. How can I verify the exact historical sold price?
The website provides sold price ranges for non-members. To receive the exact, verified sold price and full transaction history, you must request it directly from the site via email, as they do not display MLS data publicly.