Property Overview: 47 Furness Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a compelling blend of space, land, and established value. Built in 1986, it is notably one of the newer homes on its street. With 1,645 sqft of living area, it offers above-average space for its immediate neighborhood and city-wide. A key standout feature is the 6,532 sqft lot, which is significantly larger than most in the area, providing ample outdoor space and potential.
The appeal lies in its strong, balanced positioning. It’s not an outlier in any single category but consistently performs above average across multiple metrics—space, lot size, and age—against local and city benchmarks. Its assessed value of $463k aligns with the neighborhood average, suggesting a stable, market-appropriate valuation. This property would suit buyers looking for a move-in-ready home in a mature neighborhood who prioritize a larger yard over a brand-new build. It’s ideal for those seeking a pragmatic choice: a home with room to grow that doesn’t carry a premium for being the newest on the block, but still benefits from being relatively modern within its immediate streetscape.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,645 sqft, the living area is above average for Furness Bay street, the River Park South neighborhood, and Winnipeg overall.
2. Is the lot size unusual for this area?
Yes. The lot of 6,532 sqft is well above the street and neighborhood averages, ranking 2nd largest out of 25 on the street. This is a distinct advantage for privacy, gardening, or outdoor activities.
3. What does the assessed value tell me?
The $463k assessment is around the neighborhood average. This indicates the property is valued consistently with the area and isn’t artificially inflated or deflated compared to similar homes.
4. The home sold in 2023. Can I get the exact sale price?
The provided data shows a sold price range of CA$450k–500k. Due to data source rules, exact sale figures require a manual lookup. You can request this information via email from the site.
5. The home was built in 1986. Is that old for the area?
On its specific street, 1986 is actually the newest construction year, ranking #1 out of 25 homes. Within the wider neighborhood and city, it remains above average in age, meaning it’s a relatively newer home in an established area.