Property Overview
11 Sonning Bay is a well-established home in Winnipeg's River Park South neighborhood. Built in 1987, it presents a compelling opportunity for buyers seeking above-average space and value in a mature community.
Key Characteristics & Appeal
The primary appeal of this home lies in its generous living space. At 1,846 sqft, it ranks in the top 5% on its own street and outperforms average home sizes for the neighborhood and the wider city. This suggests a home that offers more room than many in the area, likely with a functional layout suited for family life or those who value spaciousness.
Its assessed value of $502k aligns with this, positioned above average at every level—street, neighborhood, and city. This indicates a property that is perceived as a premium offering within its immediate context. The lot size, while smaller than the street average, is consistent with broader neighborhood and city norms, offering a manageable yard.
This property would suit buyers who prioritize interior space over a large lot and are looking for a home in a settled area with proven value. It’s a strong candidate for someone moving from a smaller home or a first-time buyer seeking a property with room to grow, without venturing into newer, more expensive subdivisions. A thoughtful perspective is that this home represents a "known quantity" in its market—its value and size metrics are consistently strong, offering a sense of security and established worth in a well-regarded pocket of River Park South.
Frequently Asked Questions
1. How does the home’s size truly compare to others?
The living area is a standout feature. It is significantly larger than the average home on Sonning Bay and in the broader River Park South area, placing it among the more spacious properties available.
2. Is the assessed value a reliable indicator of the selling price?
The home sold in late 2024 for an estimated $500k-$550k. Its assessed value of $502k is directly within that range, suggesting the assessment was a very accurate reflection of its recent market value.
3. What does the lot size ranking mean for outdoor space?
The lot is below the average size for Sonning Bay but is typical for the wider neighborhood. This means the yard is manageable and in line with many area homes, though it may not be the largest on the street.
4. Is the 1987 build date a concern?
The year built is average for the street and slightly above average city-wide. This typically means major components may be due for updates or replacement based on their lifecycle, which is a standard consideration for homes of this era.
5. How can I verify the exact sold price?
The site provides sold price ranges for general reference. To obtain the exact, verified sale figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.