Property Overview: 42 Kellendonk Road, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1,689 sqft home, built in 2008, presents a solid, above-average offering within its wider context. Its primary appeal lies in its balance and relative modernity. While it sits slightly below the street average for size and assessed value, it ranks well above neighborhood and city averages for living space, year built, and value. This suggests a well-maintained, contemporary home in a mature, established area where it stands out for its newer construction. The lot size is standard for the street.
The property suits practical buyers looking for a move-in-ready home without the premium of the newest subdivisions. It’s ideal for those who value being in a settled community like River Park South but want the advantages of a 21st-century build, such as updated systems and modern layouts. It also represents a strategic opportunity for buyers who see value in a home that outperforms its broader market averages, even if it isn’t the largest or most expensive on its specific block.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in May 2021 for an estimated $450k-$500k, which placed it in the top 40% of sale prices on Kellendonk Road at that time. Its current assessed value of $483k is below the street's average, which may indicate room for negotiation or reflect specific property conditions.
2. Is the living space considered large for the area?
Yes. At 1,689 sqft, the home's living area is above the average for both the River Park South neighborhood (top 25%) and the city of Winnipeg (top 21%). It is, however, slightly smaller than the average home on Kellendonk Road itself.
3. What does the "Year Built" ranking tell us?
Built in 2008, the home is newer than approximately 87% of comparable homes in River Park South and 87% city-wide. This is a significant advantage, suggesting newer infrastructure, building materials, and likely better energy efficiency than much of the existing housing stock.
4. Why is the assessed value below the street average if the home is relatively new?
This can be due to several factors, including the home's specific floor plan, finishes, or lot characteristics compared to immediate neighbors. It may also reflect a conservative assessment. This discrepancy could be appealing to a buyer seeking a newer home at a value-oriented entry point for the street.
5. How can I verify the exact historical sale price?
The provided sale price is an estimated range from public records. To obtain the exact, verified sale history, you must request a manual lookup from the site via email, as MLS data is not displayed due to industry regulations.