142 Tufnell Drive

Property Overview: 142 Tufnell Drive, River Park South, Winnipeg

Key Characteristics & Appeal

This well-situated home on Tufnell Drive presents a solid, grounded opportunity in Winnipeg's River Park South neighborhood. Built in 1979, it is actually newer than many homes on its own street and across the city, suggesting potentially fewer immediate concerns with aging infrastructure common to older builds. The property stands out for its generous 6,351 sqft lot, which is larger than most in both the immediate area and the neighborhood, offering valuable outdoor space and privacy that can be hard to find in this price range.

The appeal here is one of balance and practicality. With 1,297 sqft of living space, it is comfortably above average for the street and competitive city-wide, fitting the needs of a small family or couple. The assessed value of $375k sits below the neighborhood average, which, when combined with the above-average lot size, hints at a property where the land value is a significant asset. This could appeal to buyers who see long-term value in the lot itself, whether for enjoyment, future expansion, or investment. Recent sale activity (between $400k-$450k in April 2024) indicates the market recognizes this value.

This home would best suit pragmatic first-time buyers or downsizers seeking a established community in River Park South. It's for those who prioritize a larger yard over a brand-new build and who appreciate a house that offers a balanced proposition—good relative space, a valuable lot, and a price point that sits thoughtfully between street-level and city-wide averages.

Frequently Asked Questions

1. Is the assessed value a good indicator of the likely sale price?
Not directly. The assessed value for tax purposes is $375k, but the home sold for between $400k and $450k in April 2024. Market conditions, recent upgrades, and buyer demand typically have a greater influence on sale price.

2. How does the lot size compare to nearby properties?
The lot is a key feature. At 6,351 sqft, it is significantly larger than the average lot on Tufnell Drive (~5,477 sqft) and in River Park South (~5,447 sqft), offering more outdoor space than most direct neighbors.

3. The home was built in 1979. Should I be concerned about major repairs?
While age-related updates are always possible, the data shows this home is actually newer than many on its street and in Winnipeg overall. A thorough inspection is essential, but its relative age in context is a neutral to positive point.

4. How does this property rank within River Park South?
It presents a mix. It ranks above average for lot size and around average for living area. However, its assessed value is below the neighborhood average, which may reflect the home's specific condition or features rather than its location or land value.

5. Where can I get the exact historical sale price?
The provided sold price is an estimated range from public records. For fully verified and exact sale figures, including the final sale price from April 2024, you must request a manual lookup from the site via email, as MLS data is not displayed here.