Property Overview: 332 John Forsyth Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, middle-of-the-road offering in Winnipeg's River Park South neighborhood. Its primary appeal lies in its balance and established setting rather than standout size or luxury. Built in 1991, the house is newer than many in the city and sits on a lot that is notably larger than most others on John Forsyth Road, offering more outdoor space than immediate neighbors. With 1,127 sqft of living area and an assessed value around $393k, it consistently ranks as "around average" compared to its street, neighborhood, and the wider city—a profile of stability.
This property would suit practical, value-conscious buyers such as first-time homeowners or downsizers seeking a manageable space in a mature community. It’s for someone who prioritizes a decently sized yard and a home that doesn’t require major updates over having the newest or largest floor plan. A less obvious perspective is that its consistent "average" metrics across the board could signal a lower risk of overpaying relative to the immediate area, offering a straightforward entry into homeownership without the premium often attached to top-tier ranked properties.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The property last sold between $300k-$350k in August 2019. Current assessed value is slightly above the citywide average for comparable homes but sits just below the street average, suggesting it is priced in line with the local market.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The lot of 4,888 sqft ranks in the top 8% on John Forsyth Road, meaning it offers more yard space than most homes directly around it, though it is closer to the neighborhood average overall.
3. What does "around average" for living area mean for a family?
With 1,127 sqft, the living space is typical for the area. It is likely suitable for a small family or couple, but may feel constrained for those needing multiple large bedrooms or dedicated home-office spaces, especially when compared to some nearby references with 1,500+ sqft.
4. How does the 1991 build year affect the home?
Built in 1991, the home is newer than about 75% of comparable homes on its street and the vast majority citywide. This typically suggests major components like roofing, windows, or heating systems may be from a later era than in older homes, but they are still 30+ years old and should be inspected for upcoming maintenance or replacement cycles.
5. Where can I get verified historical sale data?
The provided sold price is from public records. For a complete, verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS copyright data.