Property Overview: 329 River Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 329 River Road in Minnetonka is a practical, mid-century property that presents a value-oriented opportunity. Built in 1974, its 1,256 sqft living area is modest, particularly for its street where homes are typically larger, but it aligns more closely with the average citywide size. The lot size of 6,596 sqft is a notable feature, ranking above average compared to the rest of Winnipeg, offering good outdoor space potential.
The primary appeal lies in its positioning as an affordable entry point into a stable neighborhood. With a recently sold price range (2023) and an assessed value that are below average for the immediate area, it attracts buyers seeking lower upfront costs. This could suit first-time homeowners, downsizers looking for a manageable property without a premium lot price, or investors seeking a rental property with a solid land-to-building ratio. A thoughtful perspective is that while the house itself may require updates common for its age, the larger-than-city-average lot provides inherent value and future flexibility that isn't always available in this price segment.
Section 2: Frequently Asked Questions
1. Is this house smaller than others on the street?
Yes. The living area is below the average for River Road, making it one of the more compact homes on the street. This is a key factor in its relatively lower assessed and sold value.
2. How does the lot size compare?
The lot is a strong point. While around average for the Minnetonka area, it is above average compared to the entire city, offering more yard space than many Winnipeg properties.
3. What can the recent sold price tell me?
The property sold between $350k-$400k in 2023. This range was around the median for the area at that time, indicating it was priced competitively as a smaller home on a desirable lot.
4. Who are the immediate neighbors?
The homes directly adjacent at 325, 333, 321, and 337 River Road are your closest neighbors, all within 35 meters.
5. How can I find out the exact historical sold price?
The precise sale price is not publicly listed. You can request it directly via the provided email form on the listing page; the service commits to providing the accurate figure without using your details for marketing spam.