Property Overview: 67 Vadeboncoeur Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This is a substantial, well-established home in the desirable River Park South neighbourhood. Built in 2005, it offers significant space, with a living area of 2,432 sqft that ranks in the top tier for the neighbourhood and city. The property sits on a generous 5,877 sqft lot, which is notably larger than most on its street. With an assessed value of $720k, it positions itself firmly in the upper echelon of area homes, a status confirmed by its recent sale in the $750k-$800k range.
The primary appeal lies in its proven combination of size, location, and value retention. It’s a home that offers more interior space than 97% of its neighbourhood peers, providing room for a growing or multi-generational family. While newer builds exist on the street, the home’s mature setting and larger-than-average lot offer established privacy and landscaping potential. It suits buyers looking for a move-in ready, spacious family home in a mature suburban community, who prioritize square footage and lot size over having the absolute newest construction on the block. It’s particularly compelling for those who value a property that stands out in its immediate context for its scale and has demonstrated strong market performance.
Frequently Asked Questions
1. How does the year built affect value, given it’s newer than the neighbourhood average but older than many on its street?
While it’s not the newest on its block, being built in 2005 means major components are likely still in good condition, avoiding the issues of much older homes. Its "above average" age for the street is balanced by its "elite" size and assessed value, suggesting the space and quality have outweighed pure age in the market.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($720k) is for municipal tax purposes. The home sold for between $750k and $800k in 2022, indicating the market value at that time was higher. Current market conditions would determine if that premium still applies.
3. What does the lot size ranking mean for practicality?
Ranking in the top 6% on its street for land area means you have more outdoor space than most neighbours. This is valuable for gardening, play areas, or additions, though the city-wide ranking shows it’s a typically sized Winnipeg lot overall.
4. How can I verify the exact past sale price?
The site provides sold price ranges for transparency. Due to industry data rules, exact MLS sale figures are not published online here. You can request the exact historical sold price by emailing the site for a manual lookup.
5. The home is "elite" in size and value for the area, but what about the community feel?
River Park South is a mature, established neighbourhood. The property’s rankings suggest it is among the larger, higher-value homes in the area, offering a sense of space and permanence within a well-regarded community known for its parks and amenities.