Property Overview: 10 Regula Place, Winnipeg
Key Characteristics & Appeal
This 1977-built home in River East offers 1,944 sqft of living space on a 6,629 sqft lot. Its primary appeal lies in its strong, above-average positioning within the broader market. The living space is notably generous, ranking within the top 13% of the neighborhood and top 12% city-wide, making it a spacious option for the area. With an assessed value of $443k, it sits at a premium compared to most of Winnipeg but is typical for its own street, suggesting it's established in a stable, desirable pocket of River East.
The home would suit buyers looking for a proven, roomy property in a mature neighborhood without venturing into the premium extremes of the market. It’s a solid choice for those who value space and a established community over a brand-new build. A thoughtful perspective is that while the lot size is slightly below average for the immediate street, it remains above average city-wide, indicating a good balance of yard space and building size. The sale in April 2023 within the $500k-$550k range, which placed it in the top 10% for the neighborhood at that time, further underscores its desirability and suggests it has held value well in a sought-after location.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area of 1,944 sqft is significantly above the neighborhood average (1,399 sqft) and the Winnipeg average, placing it in the top 13% and 12% respectively. It is, however, close to the average for the eight homes on Regula Place itself.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal tax valuation, not a market price. The home last sold for an estimated $500k-$550k in April 2023, which was well above the neighborhood average at the time. Market conditions and property updates since then will be the primary drivers of current value.
3. What does the "Top X%" ranking mean for me?
These rankings contextualize each feature against comparable homes. For example, living area in the "Top 12%" city-wide means 88% of similar Winnipeg homes are smaller. This helps you understand where the property excels or is merely average on specific metrics.
4. The lot seems smaller than others on the street. Is that a concern?
The lot is about 1,100 sqft smaller than the street average but is still larger than the typical Winnipeg lot. This often means a more manageable yard with less maintenance, while still providing decent outdoor space.
5. How can I find out the exact past sale price?
Due to data source restrictions, exact sold prices are not displayed publicly on the site. You can request the exact sale history by email through the provided "Request exact figures by email" feature for a manually verified report.