Property Overview: 71 Tilstone Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,752 sqft home, built in 2018, presents a compelling blend of modern construction and established neighborhood appeal. Its primary strength lies in its superior positioning within the broader River Park South area and citywide context. While its living and land space are comfortably above average for the neighborhood, the property truly stands out in its assessed value and newness. It ranks in the top 3% of its neighborhood for value and the top 1% for its recent build year, indicating a premium, well-maintained home in a community of generally older houses.
The appeal is for buyers seeking a move-in ready, modern property without venturing into brand-new subdivisions. It suits professionals or families who value contemporary builds (with likely newer mechanical systems and finishes) but also want the mature landscaping and settled feel of an established area. A thoughtful perspective is that this home offers a "best of both worlds" scenario: it delivers the low-maintenance benefits and modern layouts of a new build within a community that already has proven desirability and mature infrastructure, potentially offering a different value proposition than a similar house in a fledgling development.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $635k places it in the elite tier (top 3%) for River Park South, significantly above the neighborhood average. On its own street, it ranks in the top quarter. This suggests it is a higher-value property for the area, which could be due to its newer construction, size, condition, or specific upgrades.
2. Is the lot size typical for the area?
At just under 6,000 sqft, the lot is above average for River Park South but is a fairly standard size for the immediate street. It offers a balanced outdoor space that is manageable without being overly expansive.
3. What does the sold price history indicate?
Public records show it sold in 2021 and again in 2024, both times within the $650k-$700k range. This indicates strong, stable value retention in a recent market. The exact sold prices require a manual lookup request through the site.
4. How modern is this home compared to its neighbors?
Built in 2018, it is significantly newer than the neighborhood average (1990) and ranks in the top 1% for its build year in River Park South. On its street, it is also well above the average build year of 2010, making it one of the newest homes in the vicinity.
5. Where can I see how this property compares visually to nearby homes?
The site offers a neighbourhood map analysis tool that allows you to view this property alongside nearby houses to directly compare metrics like year built, living area, and lot size.