Property Overview: 30 Pear Tree Bay, River Park South, Winnipeg
Key Characteristics & Buyer Profile
This home is a practical entry-point into Winnipeg’s River Park South neighborhood. Its key characteristic is value: with an assessed value of $349k, it sits below the area average, offering a more accessible price in a desirable community. The living space (863 sq ft) is compact, ranking below averages for the street, neighborhood, and city, indicating a home suited for efficient living rather than spaciousness. It was built in 1983, which is newer than many Winnipeg homes and is among the newer builds on its own street.
The appeal lies in its position as a financially manageable option in a well-established area. It suits first-time buyers, downsizers, or investors seeking a lower-cost foothold in a stable suburban neighborhood. A thoughtful perspective is that its smaller size and lot (3,811 sq ft) translate to lower maintenance costs and effort—an advantage for those seeking simplicity. While not a standout in terms of size, its value is grounded, having sold within the $350k-$400k range in late 2022, showing a history of steady demand at this price point.
Frequently Asked Questions
1. Is this a small house?
Yes. At 863 square feet, the living area is below the average for the street, neighborhood, and city. It is designed for efficient, low-maintenance living.
2. How does the assessed value compare?
The $349,000 assessment is below the River Park South average but close to the Winnipeg citywide average. On its own street, it ranks in the lower 75%, meaning it is one of the more affordable options on Pear Tree Bay.
3. What is the lot size?
The lot is 3,811 square feet, which is slightly below average for the street and more compact than typical lots in the wider neighborhood and city.
4. Can I see the exact past sale prices?
The site provides sold price ranges for transparency (e.g., CA$350k–400k in 10/2022). To receive verified, exact historical sale figures, you must request them via email from the service, as they do not publish MLS data directly.
5. How does the year built affect this property?
Built in 1983, it is newer than the typical Winnipeg home and is among the newer houses on its block. This can suggest more modern construction standards than older city homes, though specific condition and updates should be verified.