Property Overview: 3 Brixton Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a practical opportunity. Built in 1985, it is newer than most Winnipeg homes and sits on a slightly larger-than-average lot for its immediate street, offering good outdoor space. With 1,035 sqft of living area, the home is more compact compared to others in the neighborhood, but this translates to a city-wide assessed value that is very close to the Winnipeg average, suggesting a manageable entry point into a stable area.
The appeal lies in its balance and efficiency. It suits first-time buyers or downsizers seeking a lower-maintenance property without sacrificing yard space. The data indicates you’re paying primarily for location and land here, rather than square footage. For the right buyer, this represents a chance to secure a home in a mature community where the structure itself offers a blank canvas for updates or an efficient layout for simpler living. It’s a property that prioritizes the neighborhood and lot over interior size.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 1,035 sqft, the home is below the average for both its street and neighborhood. It would best suit individuals, couples, or small families. The efficient use of space will be a key factor in its comfort.
2. How does the assessed value compare?
The City of Winnipeg assessment of $396k is around the city-wide average for similar homes. On its own street and in River Park South, this assessment is considered below average, which can be an advantage for property taxes relative to immediate neighbors.
3. What is the history of sold prices?
Records show it last sold between $300k-$350k in October 2019. This historical data is useful for trend context, but a current market evaluation is essential for today’s value.
4. What are the less obvious considerations?
The home is newer than most on its street (ranked 11th newest out of 81), suggesting potentially fewer immediate issues with aging infrastructure. However, as a 1985 build, the condition of original components like windows, roof, and major systems should be carefully evaluated.
5. How can I verify exact past sale prices?
The provided sold price is an estimated range from public data. For fully verified and exact transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.