Property Overview: 50 Britannica Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 50 Britannica Road presents as a solid, middle-of-the-road property in Winnipeg's River Park South neighborhood. Built in 1981, it is slightly newer than many homes on its own street and offers a living space of 1,320 sqft on a standard 5,147 sqft lot, with an assessed value of $395,000. Its primary appeal lies in its consistency and stability. The data shows it performs at or near the average in almost every category—size, value, and lot—when compared to its immediate street, the wider neighborhood, and the city. This isn't a standout luxury property or a fixer-upper; it's a fundamentally average home in statistical terms.
This profile suits buyers seeking predictability and a manageable entry into a stable community. It would appeal to first-time homeowners or downsizers who prioritize a known quantity over unexpected projects or premium prices. A thoughtful perspective is that its "averageness" is a strategic advantage: it likely faces less volatility in value than more extreme properties, and it doesn't carry a premium for being the newest or largest on the block. The home's value proposition is straightforward, offering a balanced setting without significant compromises or standout luxuries.
Section 2: Frequently Asked Questions
1. How does this home's value compare to recent sales in the area?
According to available data, the home last sold between $250,000 and $300,000 in August 2016. Its current assessed value of $395,000 is above average for the city of Winnipeg but below the average for the broader River Park South neighborhood, suggesting it may offer relative value within this specific community.
2. Is the home newer or older than others nearby?
Built in 1981, the home is slightly newer than the average on its specific street. However, within the larger River Park South area, which has many homes built around 1990, it is considered somewhat older. This indicates a well-established street with homes from a similar era.
3. What is the lot size, and is it typical?
The lot is 5,147 sqft. This is very typical for both Britannica Road and the River Park South neighborhood, though it is somewhat smaller than the average lot across the entire city.
4. How can I verify the exact historical sale price?
The site provides sold price ranges for general reference. To obtain fully verified, exact sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.
5. What are similar nearby properties like?
Nearby homes on Britannica Road and surrounding streets are very comparable, with similar sizes, ages, and assessed values typically ranging from the high $200,000s to low $400,000s. This consistency reinforces the character of the area as one of uniform, established family homes.