Property Overview
This 1987-built home at 31 Becontree Bay in Winnipeg's River Park South neighborhood presents a balanced, established family offering. Its key appeal lies in its generous, above-average lot size of nearly 6,900 sq ft, providing ample outdoor space that stands out on its street and in the area. With 1,469 sq ft of living space and an assessed value of $462k, it consistently ranks as "around average" compared to immediate neighbors but appears as a stronger value proposition when viewed city-wide, sitting above the Winnipeg average for both size and assessment.
The home would suit practical buyers looking for a solid foundation in a mature neighborhood—those who prioritize a larger yard over a brand-new build and see value in a home that aligns with community norms without standing out as an outlier. It's a property for someone comfortable with a home from the late 1980s, likely ready for personal updates, but situated on a desirable piece of land.
Frequently Asked Questions
1. How does this home's value compare to recent sales on the street?
It last sold between $450k-$500k in August 2023, placing it in the top third of sales for Becontree Bay at that time. The current assessed value of $462k is very close to the street's average.
2. Is the lot size a significant advantage?
Yes. The lot is notably larger than most on the street (ranked 3rd out of 30) and in the River Park South neighborhood. This is the home's most standout feature, offering more privacy and space for gardening, play, or expansion than many comparable properties.
3. What does "around average" for living area and assessed value mean?
It means the home is very typical for its specific street and neighborhood. You're not paying a premium for extra square footage, nor are you getting a significantly smaller home for the area. It represents the established standard for this community.
4. How can I get the exact historical sale prices?
The site provides estimated price ranges. Due to industry rules, exact MLS sale figures are not displayed. You can request the full transaction history via email from the site's team, who will manually look it up and send it to you.
5. The home was built in 1987. What should I consider?
While newer than the average Winnipeg home, a 1987 build means core components like the roof, windows, furnace, and major systems are likely at or beyond their typical lifespan. A thorough inspection is essential, and budgeting for updates or replacements should be part of your planning.