Property Overview: 15 Wycombe Place, River Park South, Winnipeg
Key Characteristics & Appeal
This home at 15 Wycombe Place is a standout property in Winnipeg’s River Park South neighborhood, defined by its above-average scale and established value. Its primary appeal lies in offering substantial space and a large lot that ranks in the top tier of the local market. With 2,416 square feet of living area, it significantly exceeds the neighborhood average, providing ample room for family living, entertaining, or dedicated workspaces. The nearly 9,600 sqft lot is another major asset, offering generous outdoor space that is increasingly rare.
The home’s assessed value of $689k consistently places it in the top 2-4% of comparable properties across the neighborhood and city, indicating a premium, well-regarded asset. Built in 1988, it is a solidly built home from a period of reliable construction, situated on a street where most homes share a similar vintage. Recent sale history shows strong value appreciation, with the last sale in 2021 in the $650k-$700k range, up significantly from its 2017 sale.
This property would best suit buyers looking for a move-in ready, spacious family home in a mature, established suburb. It’s ideal for those who prioritize interior square footage and a large yard over a brand-new build. It also appeals to value-conscious buyers who appreciate a home that demonstrably ranks highly in key metrics against its peers, suggesting a sound long-term investment within a stable community.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
This home is notably larger than most. Its living area of 2,416 sqft ranks in the top 2% of the River Park South neighborhood, where the average is 1,410 sqft. On its own street, it is the largest of the nine comparable properties.
2. What does the assessed value tell us about the property?
The $689k assessment is a strong indicator of its premium market position. It ranks in the top 2% of the neighborhood and top 4% city-wide for assessed value, meaning it is officially valued well above the norm, reflecting its size, lot, and likely condition and finishes.
3. Is the lot size a significant feature?
Yes. At 9,583 sqft, the lot is a key advantage. It is over 75% larger than the neighborhood average lot and ranks in the top 4% in River Park South. This offers exceptional outdoor space for gardening, recreation, or future additions like a deck or shed.
4. The home was built in 1988. What should I consider?
This places it in a cohort of well-built, mature homes. While systems like the roof, furnace, or windows may be due for updates or have been recently replaced, the construction era is generally known for solid craftsmanship. It’s advisable to have a thorough inspection to assess the condition of these major components.
5. How can I verify the exact past sale prices?
The provided sale price ranges (e.g., $650k-$700k in 2021) are based on public data. Due to industry regulations, exact MLS sale figures are not displayed here. You can request the precise transaction history by emailing the site directly for a manual lookup, which they provide without obligation.