Property Overview
38 Theydon Place in Winnipeg's River Park South neighborhood is a home that stands out for its generous proportions and established setting. Built in 1987, it offers a living area of 1,644 sqft, which is consistently above average for its street, neighborhood, and the wider city. The property’s most distinctive feature is its lot size of nearly 12,000 sqft, placing it in the top 1% of River Park South and the top 4% city-wide for land area. With an assessed value of $528k, it ranks highly among its immediate peers. Records indicate it sold for an estimated $550k–$600k in August 2024.
Key Characteristics & Appeal
The primary appeal of this property lies in its rare combination of a spacious, well-sized home on an exceptionally large lot within a mature suburban community. It suits buyers looking for established neighborhoods with room to breathe, garden, or potentially expand. The home’s living space and assessed value both rank well above local averages, suggesting a solid, premium offering for the area.
A thoughtful perspective is that this home represents a "value of place" rather than just square footage. Its elite-ranked lot size in a neighborhood where the average lot is less than half as large offers a level of privacy and outdoor potential that is increasingly uncommon. It would particularly suit a growing family seeking space for recreation, a homeowner with gardening or landscaping ambitions, or a buyer who values long-term flexibility over a brand-new build. The data suggests you are purchasing a property that is a standout within its own community.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,644 sqft, the living area is above average on its street, in River Park South, and across Winnipeg. It ranks in the top 30% or better at each comparison level.
2. What makes the lot size so significant?
The lot of 11,908 sqft is exceptionally large for the area. It ranks in the top 1% within the River Park South neighborhood, offering substantially more outdoor space than most surrounding properties.
3. What was the recent sold price?
Public records indicate the home sold for an estimated $550,000 to $600,000 in August 2024. For fully verified and exact sale figures, you can request a manual lookup via email.
4. Is the assessed value in line with the sale price?
The assessed value is $528,000. The sold price range suggests the market value aligned with or exceeded this assessment at the time of sale, which is consistent with the home's above-average rankings.
5. How does the year built affect the property?
Built in 1987, the home is typical for its street and slightly older than the neighborhood average (1990), but newer than the Winnipeg average for comparable homes. This indicates a well-established home in a mature area, not a recent development.