Property Overview: 55 Scammel Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 2015-built home in River Park South presents a balanced, modern offering. Its key appeal lies in its relative newness within an established neighborhood. Built in 2015, the property is newer than 97% of comparable homes on its street and 98% within River Park South, suggesting modern construction standards and less immediate need for major updates.
With 1,499 sqft of living space, the home sits comfortably around the neighborhood average, suited for a small family or couple. The assessed value of $546k is notably above average for both the wider city and the neighborhood, indicating perceived quality or desirability, though it is around the average for Scammel Road itself. The lot size is slightly below the street average but typical for the area.
This property would best suit buyers seeking a move-in ready, modern home in a mature suburb, who value newer infrastructure and are comfortable with an assessment that reflects a premium for its age and location. It’s a practical choice for those who don’t need the largest lot or home on the block but appreciate being in a well-regarded area with homes of similar value.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $400k-$450k in late 2019. Its current assessed value of $546k is above that prior sale price and sits around the average assessed value for Scammel Road, suggesting market growth and alignment with the street’s current valuation.
2. Is the home considered large for the area?
Its living area is around the neighborhood average (1,410 sqft) but slightly below the specific average for Scammel Road (1,770 sqft). It offers standard-sized family space without being among the largest homes in the immediate vicinity.
3. What does the "Elite" ranking for year built mean?
It means 55 Scammel Road is among the newest homes in its comparison group. Being in the top 3% on its street and top 2% in River Park South highlights its modern age in a neighborhood with many older homes, which can be an advantage for systems, windows, and roof longevity.
4. Why is the assessed value above the city and neighborhood average?
The assessed value ranks in the top 16% for River Park South and top 13% city-wide. This premium likely reflects the home’s newer construction year (2015) compared to much of the housing stock, combined with its location in a desirable neighborhood.
5. Are there many other homes of similar age and value nearby?
Yes. The provided comparable listings show several homes on the same street and nearby, built between 2013-2019, with assessed values ranging from $512k to $631k. This indicates a cluster of relatively newer, higher-value properties, providing a consistent neighborhood character.