17 River Road

Property Overview: 17 River Road, Winnipeg

Key Characteristics & Appeal

This home at 17 River Road is a 1,320 sqft property built in 1946, situated on a 6,513 sqft lot in the Pulberry neighborhood. Its assessed value is $376k. The appeal of this property lies in its position as a solid, average-sized home in a mature neighborhood, offering a balance of space and value. It suits practical buyers looking for a character home from the 1940s, potentially a first-time homeowner or someone seeking a manageable footprint without a premium price tag.

A closer look at the comparative data reveals nuanced strengths. While the living area is consistently around the average for its area and city, the lot size is notably above average city-wide, suggesting valuable outdoor space relative to many Winnipeg homes. However, it's important to note the home is older than most on its street and in the broader area, which may indicate a need for updates but also contributes to its more accessible price point. The sold price range from 2024 suggests it trades below the street's average assessed value, potentially offering a value opportunity in a well-established location. This property would likely suit a buyer comfortable with the maintenance considerations of an older home but who values a larger-than-average city lot and a pragmatic entry into a settled community.

Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s assessed value is below the average for River Road. Recent sales data indicates it sold for less than many neighboring properties, which typically have larger lots and were built more recently.

2. What should I consider about the home’s age?
Built in 1946, the home is older than approximately 90% of comparable properties in the Pulberry area. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and consider an inspection to evaluate its condition.

3. Is the lot size a significant feature?
Yes. While the lot is below average for River Road, it is above the city-wide average for comparable homes. This means you likely get more outdoor space than in many parts of Winnipeg, which is a valuable asset.

4. How accurate is the sold price information shown?
The displayed sold price is a range based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS sales records.

5. Who would this property be a good fit for?
It’s well-suited for a value-conscious buyer prioritizing lot size over a newer build or maximum interior square footage. It’s a practical choice for someone ready to take on a character home with update potential, located in a mature neighborhood.