Property Overview: 359 John Forsyth Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 359 John Forsyth Road in River Park South presents a solid, established property with clear strengths in its immediate setting. Built in 1988, it sits on a 4,454 sqft lot, which is notably larger than the average for John Forsyth Road itself. With 1,348 sqft of living space, the house is also more spacious than most of its direct neighbors. Its assessed value of $416k aligns with the street's character, being above the local average, yet it positions the property more accessibly than the broader River Park South neighborhood average.
The primary appeal lies in its strong standing within its own micro-location. Buyers get a home that is above-par for its specific street in terms of lot size, living area, and value—offering a sense of relative space and investment in a well-regarded area. It would suit practical, value-conscious buyers looking for a move-in ready home in a mature neighborhood without paying a premium for newer construction or the largest lots in the wider area. It’s a sensible choice for those who prioritize a stable community feel and a property that holds its own on a block where it compares favorably.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, this property sold between $400k-$450k in April 2024. That sale price placed it in the top 7% of sales on John Forsyth Road, indicating it was a strong performer on its own street at that time.
2. Is the lot size typical for the area?
This is a key detail. At 4,454 sqft, the lot is above average for John Forsyth Road. However, it is below the average lot size for the larger River Park South neighborhood. This means you get a relatively spacious yard for the immediate area, but not necessarily for the entire community.
3. What does the "around average" ranking for the neighborhood mean?
For River Park South, the home ranks near the middle of the pack for living area and assessed value. This suggests it is a very typical home for this popular neighborhood, not an outlier, which can be positive for long-term value and appeal.
4. The home was built in 1988. Is that older than most in Winnipeg?
Interestingly, no. While the home is of a typical age for its street and neighborhood, it is actually newer than the average comparable home across the entire city of Winnipeg. This provides a useful perspective on its condition and potential updating needs relative to the broader market.
5. How can I verify the exact historical sale price?
The provided sold price is a range based on public data. To obtain the exact, verified sale figure and full transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS system.