Property Overview
38 Sinnott Street is a well-situated home in Winnipeg's River West Park neighborhood. Built in 1975, it offers 1,186 sqft of living space on a generous 6,597 sqft lot, with a current assessed value of $440,000.
Key Characteristics & Appeal
This home presents a compelling case for value within its context. While its living space is modest compared to immediate neighbors, its assessed value is above the Winnipeg citywide average, suggesting the property's worth is tied to more than just square footage. The lot size is a significant asset, ranking in the top 21% citywide, offering ample outdoor space that is increasingly rare.
Its primary appeal lies in its balanced positioning. It’s not the largest or most expensive home on the block, but it holds its own with a solid, average assessment on its street and in River West Park. This makes it a practical entry point into a stable neighborhood. The home would suit first-time buyers or downsizers seeking a manageable footprint without sacrificing yard space, or an investor looking for a property with fundamental strengths in a proven area. A thoughtful perspective is that this property may represent the "floor" for the street—a chance to own a home here without a premium price, with the lot providing inherent future value.
Frequently Asked Questions
How does the home’s size compare to others?
At 1,186 sqft, the living area is below the average for both Sinnott Street and the broader River West Park neighborhood. However, it is very close to the average home size across the entire city of Winnipeg.
Is the assessed value in line with the area?
Yes. The $440,000 assessment is almost exactly the average for Sinnott Street and is slightly above the average for Winnipeg as a whole. This indicates the property is valued consistently with its local market.
What is the property’s most standout feature?
The land. The 6,597 sqft lot is larger than the average for both the city and the immediate street, offering more outdoor space than many comparable properties.
What was the recent sale history?
The property sold in July 2022. The sold price range was between $450,000 and $500,000, which placed it in the top 19% of Winnipeg citywide sale prices at that time.
How can I verify the exact past sale price?
Due to data source restrictions, exact sold prices are not published on the site. You can request the full transaction history and exact figures via email, and the information will be provided manually.