Property Overview: 43 Packard Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South offers 1,674 sqft of living space on a 6,183 sqft lot. Its core appeal lies in its consistent, above-average positioning within the broader context of Winnipeg. While it sits around the middle of the pack on its own street for size and value, it ranks notably higher when compared to the wider neighborhood and city. This suggests a property that offers more space and a newer build date than many Winnipeg homes, within a stable, established street setting.
The home would suit practical buyers looking for a solid, move-in-ready foundation in a mature neighborhood. It’s not the largest or most expensive on the block, which can be an advantage for those seeking value without standing out. The data indicates it’s a property that holds its own, likely appealing to families or long-term residents who prioritize neighborhood stability over trendiness. A thoughtful perspective is that its "average on the street" status might mean fewer bidding wars and more reasonable negotiations compared to top-ranked homes nearby, while still providing the benefits of the area.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It sold between $450,000 and $500,000 in September 2023. This placed its sale price in the top 27% for the River Park South area and top 23% city-wide at that time, indicating a strong market position.
2. Is the house newer or older than most in Winnipeg?
Built in 1985, it is newer than the average comparable Winnipeg home (average year built 1966), placing it in the top 29% city-wide. On its street and in the immediate neighborhood, it is typical for the era.
3. How does the lot size compare?
The 6,183 sqft lot is above average for the River Park South neighborhood (avg. 5,447 sqft) and slightly below the average for its specific street (avg. 7,054 sqft). It offers more outdoor space than many area homes.
4. What is the assessed value, and how is it calculated?
The current assessed value is $474,000. This is determined by the municipal authority for taxation purposes, considering factors like location, size, age, and market trends. It is close to the neighborhood average but above the city-wide average.
5. Where can I get verified, exact historical sale data?
Due to industry regulations, exact MLS sale prices are not published on this site. You can request the full, verified transaction history and exact sold prices by emailing the site directly for a manual lookup.