Property Overview: 147 Alburg Drive, River Park South, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1,640 sqft home, built in 1984, presents a solid, above-average offering in Winnipeg’s River Park South neighborhood. Its primary strength lies in its spacious living area, which ranks well above both the city and neighborhood averages, suggesting a comfortable interior size for the area. The assessed value of $483k is notably above average for its immediate street, indicating it is perceived as a higher-value property among its closest neighbors.
The appeal is one of established stability. The home is part of a mature, 1980s-built streetscape, offering a sense of consistency. While the lot size is slightly smaller than others on Alburg Drive, it remains in line with the neighborhood norm. This isn’t a brand-new custom build, but a home that has likely accrued value through its desirable footprint and location over time. It would suit practical buyers looking for move-in-ready space in a settled community—perhaps growing families needing room without venturing into newer, more peripheral subdivisions, or downsizers seeking a single-level home (assuming bungalow layout) with more space than a modern condo. A thoughtful perspective is that its high street-level assessment could mean higher property taxes compared to immediate neighbors, but also suggests a strong baseline value for resale.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,640 sqft, the living area is larger than approximately 77% of similar homes in Winnipeg and 71% in River Park South, making it a spaciously sized option for the neighborhood.
2. Is the assessed value of $483k typical for the area?
It’s above the typical assessed value for Alburg Drive itself (where the average is ~$422.7k) but aligns closely with the River Park South neighborhood average of ~$447.2k. City-wide, it sits above average.
3. What is the history of sold prices for this home?
Public records indicate it last sold between $350k-$400k in April 2017. For fully verified, exact historical sale figures, a manual lookup through the site’s email request service is required.
4. How does the lot size impact this property?
The lot of 5,159 sqft is slightly below the average for Alburg Drive but is very close to the neighborhood average. It offers standard outdoor space for the community, though not an exceptionally large yard.
5. The home was built in 1984. What should I consider?
This places it as newer than most Winnipeg homes but is typical for its street and area. Buyers should plan for potential updates consistent with a home of this age, such as windows, roof, or mechanical systems, while benefiting from an established neighborhood landscape.