Property Overview: 127 Kingsclear Drive, Winnipeg
Key Characteristics & Appeal
This 2018-built home in River Park South stands out for its above-average size and modern construction within a well-established neighborhood. With 2,128 square feet of living space on a 7,215 sqft lot, it offers more room than most homes on its street, in the area, and across Winnipeg. Its assessed value of $644k ranks in the top tiers locally, reflecting its premium positioning.
The primary appeal lies in acquiring a relatively new home that requires less immediate upkeep, set within a mature community where most homes are decades older. It suits buyers looking for modern layouts and systems without sacrificing lot size, a combination often hard to find in newer subdivisions. Specifically, it would be an excellent fit for growing families seeking space and modern amenities, or for professionals who value a move-in-ready property with a strong, data-backed value proposition relative to its peers. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the low-maintenance benefits of a newer build coupled with the settled, treed environment of an older neighborhood that has already proven its desirability.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home sold between $650k and $700k in June 2024. This placed its sale price in the top 1% for the River Park South area and top 3% city-wide at the time, confirming its premium market position.
2. Is the assessed value an accurate reflection of market value?
The assessed value ($644k) is a strong benchmark for municipal taxation and is notably higher than the average for the street, neighborhood, and city. However, market value is determined by current buyer demand. The recent sale price suggests the market valued it in line with or above this assessment.
3. What are the advantages of a 2018 build in this neighborhood?
A 2018 construction date means major components like the roof, HVAC, windows, and appliances are likely still under or just past their warranty periods, offering significant peace of mind. In a neighborhood where the average home was built in 1990, this represents a substantial reduction in the risk of near-term major repairs.
4. How does the lot size compare?
At 7,215 sqft, the lot is above average for both River Park South and the city overall. It provides ample outdoor space, which is a valuable and limited feature, especially for a home of this newer vintage.
5. How can I verify the exact historical sale price?
The public data shows a sold price range. To obtain the exact, verified sale figure, you must request a manual lookup from the site provider via email, as they do not display MLS sold records due to industry rules. They state this service is provided without using your email for marketing.