Property Overview: 71 Shier Drive, River West Park, Winnipeg
Key Characteristics & Appeal
This home is distinguished by its significant scale and premium positioning within the Winnipeg market. Its primary appeal lies in offering substantial space on a large lot in a well-established neighborhood. The 3,145 sqft living area ranks in the top 1% citywide and top 2% in River West Park, indicating a home built for extended family living, dedicated home offices, or ample entertaining space. Similarly, the 15,200 sqft lot size is in the top 2% citywide, providing rare outdoor privacy and potential.
With an assessed value of $926,000, the property sits in the top 1% for both the neighborhood and the city, reflecting its elite standing. It suits buyers seeking a long-term family home with room to grow, who value established communities over new subdivisions. A thoughtful perspective is that while the home was built in 1976 (around average for the area), its enduring and above-average value suggests solid construction and a timeless layout that has been maintained. It appeals to those who understand that in premium segments, the value is often in the generous proportions of land and living space, which are increasingly scarce.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $700,000-$750,000 in late 2016. Its current assessed value of $926,000 is ranked 5th highest out of 46 on Shier Drive, placing it well above the street’s average assessment of approximately $694,000.
2. Is the lot size typical for the area?
No, the lot is substantially larger than average. At 15,200 sqft, it ranks in the top 6% within River West Park, where the average lot is about 8,086 sqft.
3. What does the "Elite" ranking mean for living area?
Rankings are comparative. An "Elite" city-wide ranking (top 1%) means this home’s square footage exceeds 99% of comparable homes in Winnipeg. It is significantly larger than the citywide average of 1,342 sqft.
4. How can I find out the exact historical sale price?
The public data on this site shows a price range. Due to industry rules, exact MLS sale figures are not displayed here. You can request the full transaction history and exact figures via email through the provided form on the property page.
5. Are homes on this street similar in age and size?
The street is consistent, with homes built primarily in the mid-to-late 1970s. At 3,145 sqft, this home is larger than the street average (2,529 sqft), ranking 6th largest out of 46 properties.