Property Overview: 43 River Road, Winnipeg
Key Characteristics & Appeal
This 1,708 sqft home, built in 1961, presents a practical opportunity in Winnipeg's Pulberry neighborhood. Its primary appeal lies in its efficient use of space; the living area is notably larger than both neighborhood and city averages, offering more interior room than many peers within a modest footprint. However, this comes with a smaller lot (5,758 sqft) compared to others on River Road, suggesting a home focused on indoor living rather than expansive outdoor space.
The assessed value of $373k sits below the street average but aligns closely with city-wide norms. This positions the property as a potentially more accessible entry point on a street where homes are typically more expensive. It last sold in early 2020 for an estimated $300k-$350k.
This home would suit value-conscious buyers seeking above-average interior space without a premium lot size. It’s a pragmatic choice for those who prioritize a well-sized house in a mature neighborhood over a newer build or a large yard, and who see potential in a property that is competitively priced for its street.
Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value ($373k) is a municipal calculation for tax purposes, not a market appraisal. Given it's below the street average but last sold for less in 2020, the final sale price will depend on current market conditions, the home's condition, and buyer competition.
2. How does the smaller lot size impact the property?
While the lot is smaller than many on its street, it is close to the neighborhood and city averages. This typically means lower maintenance and may be preferable for those not wanting extensive yard work. It's important to verify the exact layout and any potential for expansion or landscaping.
3. The home is older than many on the street. Should I be concerned?
A 1961 build is common for Winnipeg. The key will be the upkeep and updates made over the years. A thorough inspection is essential to understand the condition of major systems like roof, wiring, plumbing, and foundation, which may need attention due to age.
4. The living area is ranked highly. What does that actually mean?
It means you get more interior square footage than most comparable homes in Pulberry and Winnipeg. This is a significant advantage if you need space, but it's wise to consider the layout and flow of that space to ensure it meets your needs.
5. How can I get the exact historical sold prices for this home?
The site provides estimated price ranges. For fully verified, exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.