Property Overview
114 John Forsyth Road is a well-situated home in Winnipeg's River Park South neighborhood. Built in 1982, it offers 1,076 square feet of living space on a 3,899 square foot lot, with a municipal assessed value of $390,000. The home presents a practical opportunity in a mature community.
Key Characteristics & Appeal
This property is defined by its solid, average metrics in a stable setting. Its living area and assessed value are consistently around the average for its immediate street and the wider city, suggesting it's a typical home for the area without extreme outliers. The appeal lies in this very consistency—it’s a predictable offering in a known quantity neighborhood. The lot, while below average in size for River Park South, is manageable and typical for the street itself.
It would suit a first-time buyer or a downsizer looking for an entry point into a settled suburban community without surprises. The data indicates you’re purchasing a home that aligns with local norms, which can be reassuring. A less obvious perspective is that its "around average" standings might offer a value stability that more unique or outlier properties sometimes lack; it's unlikely to be over-improved or suffer from unusual comparables. Its last known sale was between $400,000-$450,000 in April 2022, placing it in a demonstrated price bracket.
Frequently Asked Questions
1. How does this home compare in size to its neighbors?
At 1,076 sqft, the living area is slightly below the neighborhood average but is very close to the average for John Forsyth Road itself. It ranks in the middle of the pack on its street (#68 out of 132 homes).
2. Is the assessed value in line with similar homes?
Yes. The $390,000 assessment is almost identical to the citywide average and very close to the street average of $397,200. It sits comfortably in the middle range for the area.
3. What is the lot size, and is it typical?
The lot is 3,899 sqft. It is below the larger neighborhood average, but more comparable to other lots on John Forsyth Road, where it ranks #106 out of 132.
4. Can I find out the exact price it last sold for?
The public data shows a sale in April 2022 in the range of $400,000-$450,000. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS records.
5. The home was built in 1982. Is that older than others nearby?
It is slightly older than the immediate area averages. On its street, the average build year is 1989, and in River Park South it's 1990, so this home is among the older third of homes in this specific locale.