Property Overview: 11 Upton Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,120 sqft bungalow, built in 1983, presents a solid, no-surprises offering in the established River Park South neighborhood. Its key appeal lies in its positional value: it is a home that consistently performs "around average" against most local and city-wide benchmarks for living space, lot size (5,144 sqft), and assessed value ($403k). This creates a predictable, stable entry point into a desirable area.
A thoughtful perspective is that this home was built in the same year as the street's average, making it a quintessential example of the original housing stock, potentially with a layout and character true to the neighborhood's origins. While the living area is modest compared to immediate neighbors, its city-wide assessment ranks in the top 38%, suggesting the underlying value is tied more to its location in Winnipeg than to the size of the structure itself. It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable investment in a mature community over a larger or more modern home. It’s a choice for those who see virtue in a property that aligns with the reliable middle of the market.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The assessed value is below the street average, which could indicate a value opportunity, but it's essential to understand why. This may relate to the home's smaller living area or specific condition, necessitating a thorough viewing.
2. How does the lot size compare?
At just over 5,000 sqft, the lot is slightly below the street average but is very typical for the River Park South neighborhood. It offers standard suburban outdoor space without being overly large to maintain.
3. The home was built in 1983. What should I consider?
As a 43-year-old home, it aligns with the original build period for the street. Buyers should budget for updates to major aging components like the roof, windows, and mechanical systems, while also appreciating the established landscaping and neighborhood maturity.
4. Why is there no sales history shown?
Due to industry data rules, detailed MLS sales history is not published on this site. You can request the exact sales history and figures via the "Request exact figures by email" link, and the team will provide it manually.
5. The city-wide assessment ranking seems high. What does that mean?
While the home is average for its area, its assessment ranks in the top 38% city-wide. This suggests that properties in River Park South generally hold higher assessed value than many across Winnipeg, reinforcing the neighborhood's relative desirability within the broader market.