Property Overview: 10 Corton Place, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,200 sqft bungalow, built in 1984, presents a practical opportunity in Winnipeg's River Park South neighborhood. Its core appeal lies in offering above-average interior space for its immediate street and a newer build date compared to many city homes, all at a below-average assessed value for the area. The data suggests a home that is well-sized and relatively modern inside, but on a smaller lot than most in the neighborhood.
This property would suit first-time buyers or downsizers seeking value and space efficiency. The below-average tax assessment (relative to the neighborhood) can be a financial advantage, while the efficient floor plan maximizes usable living area. A thoughtful perspective is that while the lot is compact, it may translate to lower maintenance costs and less yard work—an appeal for those seeking a simpler lifestyle. It’s a home that prioritizes interior comfort over expansive outdoor space, making it ideal for buyers who value a manageable property without sacrificing living area.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $353k is for municipal tax purposes and is notably below the neighborhood average. Recent sold prices in the area and market conditions will be stronger determinants of the final sale price.
2. How does the smaller lot size impact the property?
The land area is smaller than most on the street and in River Park South. This typically means less outdoor maintenance and potentially a smaller backyard, but it also means less private outdoor space. It's a trade-off that emphasizes the home itself over the land.
3. The home sold in 2020. Why is the exact sold price not shown?
Due to industry regulations, exact historical sale prices are not publicly displayed online. The range provided (CA$300k–350k) is based on available public data. For verified, exact figures, you must request them directly from the site via email.
4. How does the living area compare to nearby homes?
At 1,200 sqft, the living area is larger than the average home on Corton Place itself. It is slightly below the neighborhood average but very close to the citywide average, indicating a comfortably sized home for the market.
5. What does the "newer" build year mean for a 1984 home?
While 1984 isn't new, it is newer than the average Winnipeg home (built ~1966). This can suggest updates to building codes and materials from that era, and potentially less immediate concern for major aging-infrastructure replacements compared to much older homes.