Property Overview: 31 Stanhope Garden, River Park South, Winnipeg
Key Characteristics & Appeal
This 2013-built home in River Park South presents a compelling blend of space, modernity, and established value. With 1,813 sqft of living area, it sits comfortably above the neighborhood and city averages, offering more room than most comparable Winnipeg homes. Its true standout feature is the generous 8,283 sqft lot, which is significantly larger than most in the area, providing ample outdoor space for gardening, recreation, or future expansion.
The home’s appeal lies in its strong positional value. While it is a fairly typical size for its own street, it ranks within the top 7% of its neighborhood for assessed value and land size, indicating it is a premium property within a desirable community. Its modern build year (2013) means it likely benefits from contemporary construction standards and efficiency, without being so new that it lacks mature landscaping. The sold price history shows substantial appreciation between 2019 and 2021, suggesting a solid investment trajectory.
This property would suit buyers looking for a move-in ready, modern family home in a mature suburb, who prioritize a large yard. It’s ideal for those who want above-average space both inside and out without venturing into custom estate territory. It also appeals to value-conscious purchasers who appreciate a home that consistently benchmarks in the top tiers of its wider market, offering a sense of security for future resale.
Frequently Asked Questions
1. How does this home’s value compare to its immediate neighbors?
Its assessed value of $592k ranks 5th highest out of 17 homes on Stanhope Garden, placing it in the top 29% on its own street. This suggests it is a higher-value home even in its direct vicinity.
2. Is the large lot size unusual for the area?
Yes. The lot is over 8,200 sqft, ranking in the top 7% for River Park South. The neighborhood average is just over 5,400 sqft, making this property’s outdoor space a significant advantage.
3. What does the sold price history indicate?
The home sold in 2021 for an estimated $650k-$700k, placing it in the top 3% of the neighborhood for sale price at that time. This followed a sale in the $450k-$500k range in 2019, indicating a period of strong value growth.
4. How modern is this home compared to others in Winnipeg?
Built in 2013, it is significantly newer than the Winnipeg average (1966) for comparable homes. It ranks in the top 4% for year built within River Park South, making it one of the more contemporary homes in the neighborhood.
5. Where can I get verified, exact sold price figures?
The site provides estimated price bands. Due to industry rules, exact MLS sold records are not displayed. You can request the full transaction history and exact figures via email from the site’s team, who will provide a manual lookup.