Property Overview
35 Cactus Cove presents a solid, well-situated family home in Winnipeg's River Park South neighborhood. Built in 1990, it offers a practical layout with 1,542 square feet of living space on a generous 7,609 square foot lot. With an assessed value of $475,000, it sits in an interesting position: while it is one of the smaller and lower-assessed homes on its specific street, it offers above-average space and lot size when compared to the wider city and even its own neighborhood. This creates a value proposition for the right buyer.
Key Characteristics & Appeal
The primary appeal of this home is its balance of space, location, and value. It provides more living area and a significantly larger yard than the typical Winnipeg home, which is a notable advantage for families or those who enjoy outdoor space. The 1990 build date is also newer than most city-wide comparables, potentially meaning fewer major upkeep concerns in the near term.
Its appeal is nuanced. On Cactus Cove itself, it's a more modest option among larger, higher-value homes, which could be attractive to a buyer seeking entry into a well-established street without the premium price tag of the largest properties. In the broader context of River Park South and Winnipeg, however, it stands as an above-average offering. This positions it well for a buyer who prioritizes a spacious lot and a newer build within a mature, family-friendly community over having the biggest house on the block.
This property would best suit practical, value-conscious buyers—perhaps growing families or downsizers who still want a sizable yard. It’s ideal for someone who wants the stability and amenities of the River Park South area but is comfortable with a home that offers functional space rather than top-tier size or finishes for the street.
Frequently Asked Questions
1. Is this home a good value for the area?
The data suggests it is a strong value relative to the wider city and even its own neighborhood. You are getting more house and land for the assessed value compared to Winnipeg averages. On its own street, it's assessed below the average, which may indicate an opportunity.
2. Why is the assessed value lower than other homes on the street?
The home has a smaller living area than most of its immediate neighbors, which is a key factor in assessment. This doesn't reflect the condition or updates inside, but it does mean it's priced accessibly for the desirable Cactus Cove location.
3. How does the lot size compare?
The lot is a standout feature. At over 7,600 sq ft, it is significantly larger than the typical lot in both River Park South and Winnipeg overall. This is a major advantage for privacy, recreation, or gardening.
4. What can the sale history tell me?
The home sold in 2022 and 2019. The increase in sale price band between those dates aligns with broader market trends. For exact sale prices and a professional analysis of this history, you would need to request the verified figures via email as detailed on the site.
5. Are the nearby "similar" properties truly comparable?
The listed nearby properties with similar assessed values are from various neighborhoods, like Elmhurst. This highlights that at this price point, you are comparing different areas. The key takeaway is that 35 Cactus Cove offers its specific combination of lot size, age, and location that differs from those other options.