Property Overview: 130 Kingsclear Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,475 sqft home in River Park South presents a compelling mix of modern convenience and established neighbourhood living. Built in 2018, it is notably newer than most homes in the area, ranking in the top 1% for its year of construction within the neighbourhood. This translates to likely benefits such as modern building standards, energy efficiency, and minimal immediate maintenance.
Its assessed value of $556k sits above the neighbourhood and city averages, indicating a perceived premium, likely tied to its newer age. The living space is comfortably sized, aligning closely with the neighbourhood average. A key consideration is the lot size of 5,287 sqft, which is smaller than the average on its own street but typical for the wider area. This positions the property as a low-maintenance yard option rather than one for extensive landscaping or expansion.
The appeal lies in acquiring a relatively new home in a mature, family-friendly suburb without waiting for new construction. It suits buyers seeking a move-in-ready property who prioritize a modern interior and systems over a large lot. It’s a practical choice for professionals or small families wanting the space and community of River Park South without the upkeep challenges of an older home.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
Public records show it last sold between $400k-$450k in early 2019. The current assessed value of $556k is significantly higher, reflecting market appreciation and the assessed value methodology. For verified, exact sale history, a manual lookup is required.
2. Is the lot size a disadvantage?
It depends on your priorities. The lot is smaller than many on Kingsclear Drive but is average for River Park South. It means less yard maintenance but may limit additions like a large deck or pool. It’s ideal for those who prefer indoor living space over extensive outdoor space.
3. What does being a "newer" home in this area mean for me?
Built in 2018, this home is among the newest in the entire neighbourhood. This typically suggests fewer major repairs (like roof or furnace) in the near term, better insulation, and potentially more contemporary layouts and finishes compared to the area’s predominantly 1990s-built stock.
4. The assessed value seems high for the street. Why?
While the assessed value is near the street average, it ranks in the top 14% for the wider neighbourhood. This premium is primarily attributed to the home’s newer age compared to the neighbourhood average build year of 1990, which assessors factor into valuation.
5. What are the nearby homes like?
Immediate neighbours on Kingsclear Drive are a mix of ages and sizes, with many homes being larger and on larger lots. Directly adjacent at 134 Kingsclear is a very comparable 2019-built home with a slightly higher assessed value, offering a useful benchmark.