Property Overview: 71 Eastcote Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,655 sqft home, built in 1986, presents a solid, middle-ground opportunity in Winnipeg's River Park South neighborhood. Its primary appeal lies in its efficient use of space; the living area is consistently above average for both the neighborhood and the city, suggesting a well-proportioned home that maximizes its footprint. With an assessed value of $466,000, it sits below the average for its own street but above the citywide average, potentially offering relative value within a desirable local context.
The property would suit practical buyers looking for established community benefits without a premium price tag. It's a match for those who prioritize interior space over a large yard, as the lot size is more modest compared to others on Eastcote Drive. The home’s age and value positioning make it a candidate for buyers comfortable with a property that may benefit from personal updates, offering a chance to add value over time. It represents a sensible entry into a mature neighborhood with strong citywide standings.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300,000-$350,000 in 2017. Its current assessed value of $466,000 is below the street average of ~$500,700, which may reflect its smaller lot or condition. Exact sale prices require a manual lookup.
2. Is the living space larger than most homes in Winnipeg?
Yes. At 1,655 sqft, it ranks above average both citywide (top 23%) and in the River Park South neighborhood (top 29%), indicating a roomier interior than many comparable properties.
3. What are the trade-offs for the below-average lot size?
The 5,044 sqft lot is smaller than many on Eastcote Drive, which could mean less backyard space or driveway room. However, it requires less maintenance and may contribute to the home’s relatively lower assessed value for the street.
4. How does the year built affect this property?
Built in 1986, it is typical for its area but is newer than the average Winnipeg home. Buyers should anticipate maintenance or updates consistent with a home nearly 40 years old, such as windows, roof, or mechanical systems.
5. Why is the assessed value ranking so different at each level (street, neighborhood, city)?
This highlights the importance of context. The value is below average on its own street of larger lots, around average for River Park South, and above average citywide. This suggests you are paying for a desirable local area and a spacious home, but not for a premium lot on that specific street.