Property Overview: 283 Headmaster Row, Winnipeg
Key Characteristics & Appeal
This 1983-built home on Headmaster Row in River East presents a compelling package of space and established value. Its primary appeal lies in its generous proportions, offering over 2,070 square feet of living area—placing it comfortably in the top 10% for size both in the neighborhood and city-wide. This is complemented by an expansive, private lot of over 8,500 square feet, providing ample outdoor space that is increasingly rare.
The home’s assessed value of $505k sits above local averages, indicating a perception of solid worth and a history of stable value appreciation, as seen in its consistent sale price range over recent years. While the build year is typical for the street, it is notably newer than many area homes, potentially suggesting fewer age-related concerns than older stock in River East.
This property would best suit buyers prioritizing interior and exterior space over a brand-new build. It’s ideal for growing families seeking room to spread out, or for those who value a large yard for recreation or gardening. It also appeals to the value-conscious buyer who appreciates a home that consistently benchmarks above average in its core metrics within a mature, established community.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living area is a standout feature. It ranks in the top 12% on its own street and the top 9% in the wider River East neighborhood, meaning it offers significantly more interior space than most comparable local homes.
2. What does the assessed value tell us?
An assessed value of $505k places this home above the average for the street, neighborhood, and city. This suggests the property is viewed as a premium offering in its category, which can be a marker of stability and desirability, though market conditions always influence final sale price.
3. Is the 1983 build year a concern?
While not a new build, the home is newer than the average for River East (1976). On its street, where the average build year is 1994, it is slightly older. This positions it as a well-established home in a mature area, likely with updated infrastructure compared to much older houses, but buyers should still account for potential updates common to homes of this era.
4. How stable has its value been?
Recent sale data shows it sold within the same $450k-$500k price band in both 2020 and 2023. This consistency through different market periods suggests a resilient value profile, not subject to wild fluctuations.
5. Where can I get exact historical sale prices?
The provided data shows price ranges. Due to industry regulations, exact sale figures are not published online here. You can request the full, verified transaction history by emailing the site directly for a manual lookup, which they provide without using your contact for marketing.