Property Overview: 111 Vadeboncoeur Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This home stands out for its generous scale and modern build within a well-established Winnipeg neighborhood. Its primary appeal lies in offering substantial above-average living space (2,577 sq. ft.) in a turn-key, 2007-built property, eliminating the concerns of an older home. The data shows it ranks in the top tiers for size and value not just on its street, but across the entire River Park South area and city-wide. This suggests a property that is both spacious and a strong financial performer relative to its surroundings.
The appeal is multifaceted. For buyers seeking space, it offers significantly more room than the typical Winnipeg or neighborhood home. For those prioritizing a modern build without sacrificing lot size, its 2007 construction date is newer than most comparables while maintaining a standard residential lot. The assessed value history indicates a premium property within its micro-market, appealing to buyers looking for a home with a track record of holding value.
This property would best suit growing families or professionals who need ample indoor space and prefer a home built to contemporary standards, all within a mature suburban community. It’s also a sensible choice for value-conscious buyers who appreciate metrics, as the home’s elite rankings for living area and assessed value against neighborhood and city benchmarks provide a clear, data-backed argument for its premium.
Frequently Asked Questions
Q: How does the lot size compare to the house size?
A: The land area is around the neighborhood average (~5,400 sq. ft.), which is a thoughtful balance. It provides ample yard space without the high maintenance of an excessively large lot, focusing the property’s premium on the living space itself.
Q: The home sold in 2023. Can I get the exact sale price?
A: The public data shows a sold price range of CA$650k–700k. Due to industry regulations, exact sale prices are not published online here. You can request the exact figure via email through the site, and it will be provided manually without obligation.
Q: Is the assessed value the same as the market value?
A: Not necessarily. The assessed value of $676k is for municipal tax purposes and is a strong indicator, ranking in the top 2% of River Park South. However, market value is determined by current supply, demand, and condition, and may differ.
Q: The home is newer than most in the area. Does that mean fewer repairs?
A: Generally, yes. Built in 2007, major components like the roof, windows, and HVAC are likely younger than those in the many 1980s/90s homes in River Park South. This can mean lower immediate capital repair costs, though a professional inspection is always recommended.
Q: How does this home fit within its immediate street?
A: It’s a standout in terms of living space (ranked #2 on the street) and is above average in assessed value. However, its lot size and year built are more in line with the street’s average, indicating it’s a spacious, valuable home on a standard lot among well-kept peers.