Property Overview: 14 Brabant Cove, River Park South, Winnipeg
Key Characteristics & Appeal
This well-situated home at 14 Brabant Cove presents a solid, modern offering in the established River Park South neighborhood. Built in 2006, it is notably newer than most homes in Winnipeg and is the newest among its immediate peers on the street. With 1,764 sqft of living space, it sits comfortably above the city and neighborhood averages, providing ample room without being oversized. The assessed value of $514k aligns with a home that offers above-average space and modernity for its price point within the wider city context.
The appeal lies in its balance and positioning. It’s a home that outperforms broader averages without being an outlier on its own street, suggesting a good fit within a consistent, desirable cul-de-sac. It would particularly suit buyers looking for a move-in ready, modern home in a mature neighborhood, who value space and newer construction but don’t require the largest lot on the block. It’s a pragmatic choice for growing families or professionals seeking a established community without the maintenance concerns of an older property.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
This property last sold in August 2022 for an estimated $550k-$600k, a price that ranked in the top 10% city-wide at the time. Its current assessed value of $514k is below that sale range, which may reflect market adjustments or the assessed value lagging behind recent sale prices.
2. Is the lot size a constraint?
At 5,233 sqft, the lot is average for the neighborhood and slightly smaller than the street average. It provides standard suburban outdoor space but may not suit those looking for an exceptionally large yard.
3. What does it mean that this is the newest home on the street?
Being built in 2006 and ranked #1 out of 19 on the street for year built suggests potentially fewer immediate issues with aging components (like roofs or windows) compared to neighbors, and a more modern layout. It indicates you’re buying the “youngest” house in this specific cluster.
4. How does the assessed value impact property taxes?
With an assessed value above both neighborhood and city averages, you can expect a corresponding property tax bill that is also above average for Winnipeg. It’s advisable to budget for taxes commensurate with a higher-value home in the city.
5. Where can I get verified historical sale data?
The provided sold price is an estimate from public records. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.