Property Overview: 59 Upton Place, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1983-built home in River Park South presents a solid, middle-of-the-road offering in the Winnipeg market. With 1,120 sqft of living space and a 4,676 sqft lot, its size is consistently "around average" when compared to the neighborhood and city. Its assessed value of approximately $404,000 sits below the street average but aligns closely with the wider city benchmark, suggesting it may offer relative value within its immediate area. A key, less obvious characteristic is that it is one of the newer homes on its block (ranked #1 out of 17 on Upton Place for year built), which can be an advantage for systems and infrastructure.
The appeal lies in its stability and predictability. It’s a home that doesn’t stand out for extreme size or value, but rather represents a dependable entry into a mature neighborhood. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a move-in-ready property in an established area over a fixer-upper or a brand-new build. The data suggests a buyer who is comfortable with a standard lot and living space, and who finds appeal in a home that is newer than its direct neighbors while being priced below the street's average assessed value.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
It last sold between $400,000-$450,000 in August 2022, a price that ranked in the top 67% for the street at that time. Its current assessed value is below the street average, indicating it may be positioned competitively.
2. Is the lot size a disadvantage?
The lot is smaller than most on Upton Place but is near the neighborhood average. It means less yard maintenance but may offer less private outdoor space than some immediate neighbors.
3. What does the "newer than street average" build year mean for me?
Being built in 1983 when the street average is the same year means this home is among the most recently built on the block. This can sometimes correlate with updated building materials or layouts for its era, and potentially less immediate need for major replacements of age-related components compared to older peers.
4. How accurate is the sold price data provided?
The sold price range is based on publicly available data, not the MLS. For fully verified, exact historical transaction figures, you must request a manual lookup from the site via email.
5. Are the "rankings" a good measure of quality?
The rankings are purely statistical comparisons of size, value, age, and lot dimensions. They show how this property measures quantitatively against others, not the qualitative condition, layout, or interior appeal of the home itself, which require a viewing.