Property Overview: 3 Opal Place, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Heritage Park offers a balanced and above-average proposition within its market. Its key characteristic is its strong relative standing: with 1,897 sqft of living space, it sits comfortably above the average for both the neighbourhood and the entire city. The home benefits from a renovated basement and an attached garage. Built in 1990, it is notably newer than most Winnipeg homes, offering modern construction fundamentals without the premium of a brand-new build.
The appeal lies in its proven, established neighbourhood context and its sizeable footprint. It’s a home that provides more space than typical, situated on a quiet street (Opal Place) where it holds a top-tier position for both assessed value and year built. The data suggests it’s a property that has historically maintained value well within Heritage Park.
This home would suit move-up buyers or growing families seeking spacious, turn-key living in a mature area. It’s also a prudent choice for value-conscious buyers who appreciate a home that outperforms its immediate peers on key metrics like size and modern age, indicating a solid long-term investment within a stable community.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Heritage Park?
The data shows it ranks in the top 8% for living area and the top 5% for assessed value within the neighbourhood. This means it is significantly larger and more highly valued than over 90% of comparable homes in Heritage Park, positioning it as a premium offering in the area.
2. The assessed value is listed at $52.30k. Is that the market price?
No. In Manitoba, the assessed value for taxation purposes is typically a fraction of the market value. The city-wide comparison shows homes with a similar assessment average around $390k, which is a more realistic indicator of the market price range. Always consult a real estate professional for current market valuation.
3. What are the less obvious advantages of a 1990 build?
Homes from this era often benefit from modern wiring, insulation standards, and floor plans that feel contemporary, while having had time for neighbourhood trees and landscaping to mature fully. It strikes a balance between avoiding the potential issues of much older homes and the premium price of a new construction.
4. The land size seems average for the city. Is that a concern?
At just over 5,500 sqft, the lot is manageable and likely requires less maintenance than larger properties, while still providing ample outdoor space. Its size is actually above average for its specific street, making it a relative standout on Opal Place.
5. Where can I find the exact historical sale price?
The listed sale price ranges are estimates from public data. The listing service provides a manual email-based system to request the precise sale price history. You can submit your email through their portal to receive the accurate figures directly, typically by the end of the same business day.