Property Overview: 336 John Forsyth Road, Winnipeg
Key Characteristics & Appeal
This 1991-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. Its key characteristic is its compact, efficient size at 890 sqft, which is notably below the area average. This positions the property not as a sprawling family home, but as a manageable, lower-maintenance option. The assessed value of $393k is very close to the citywide average, suggesting a fair market positioning without a significant neighborhood premium.
The appeal lies in its balance. While the living space is modest, the lot size of 4,419 sqft is above average for its immediate street, offering valuable outdoor space relative to the home's footprint. The build year is newer than most homes in Winnipeg, potentially implying fewer immediate major repairs compared to older city stock. It would suit first-time buyers seeking a foothold in a stable community, downsizers looking to reduce space and upkeep without leaving the area, or pragmatic investors seeking a reasonably priced rental property. Its value is in its functionality and land potential, rather than in size or luxury finishes.
Frequently Asked Questions
1. Is the below-average living area a concern?
It depends on your needs. The size is efficient for 1-2 people but would feel cramped for a larger family. The trade-off is often lower utility costs, less maintenance, and a more affordable price point for the location.
2. How does the assessed value compare to recent sale prices?
The home sold between $350k-$400k in late 2021. Its current assessed value ($393k) aligns with that range, suggesting stable value in line with the broader market rather than speculative gains.
3. What does the "above-average" lot size mean for me?
While the lot is smaller than many in Winnipeg overall, it is larger than most on John Forsyth Road. This could allow for more private outdoor space, gardening, or future expansion like a shed or deck, which is a plus for a smaller home.
4. Are there any obvious red flags from this data?
The data itself shows no extreme outliers. The home consistently ranks in the middle to lower tiers for size but is average or better for value, age, and lot size on its street. This profile suggests a typical, no-frills property rather than one with glaring issues.
5. How can I verify the exact historical sale price?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact figures via email from the provider for a manual lookup, as MLS data is not directly sourced here.