Property Overview: 16-2307 St Mary's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, mid-sized home in the established River Park South neighborhood. Built in 2008, it is a notably newer construction compared to many homes in the area, which typically date to the 1990s. With 1,151 sqft of living space, it offers a practical layout that is slightly above average for both the neighborhood and the city.
The appeal lies in its balance and modern foundation. It presents a move-in-ready opportunity without the premium often attached to brand-new builds, yet it likely benefits from more contemporary building standards and systems than older stock. Its assessed value of $265k is very close to the citywide average, suggesting a stable, market-aligned investment.
This property would suit first-time buyers or downsizers seeking a low-maintenance home in a mature community. It’s also a sensible fit for pragmatic investors or buyers who prioritize a newer building envelope and modern infrastructure over having the largest floor plan on the block. A thoughtful perspective is that its "average" metrics across the board are actually a strength—it represents a solid, median option in Winnipeg’s market, offering a lower-risk entry point with less chance of overpaying for fleeting trends.
Section 2: Frequently Asked Questions
1. How does this home’s age compare to others nearby?
At 16 years old (built in 2008), this home is significantly newer than the typical house in River Park South, where the average build year is around 1994. On its specific street, it is also newer than the average home built in 1999.
2. Is the assessed value in line with the area?
Yes. The City’s assessed value of $265,000 is very close to the neighborhood average of ~$271k and slightly above the Winnipeg-wide average. This indicates the valuation is consistent with the local market.
3. What can past sale prices tell me?
Public records show it sold within the $200k-$250k range in both 2016 and 2021. For exact historical sale prices, a manual lookup through the site is required, as per industry data rules.
4. How does the living space compare?
At 1,151 sqft, it is a competitively sized home. It is larger than the average Winnipeg home and slightly above the River Park South average, though somewhat smaller than the average on its own street.
5. Where can I see how it compares visually to neighboring properties?
The listing includes a link to a neighborhood analysis map page, where you can visually compare this property to nearby homes based on year built, living area, assessed value, and lot size.