165 Aldgate Road

Property Overview: 165 Aldgate Road, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Built in 1997, it is a newer home compared to most in Winnipeg, offering modern construction without being brand new. With 1,106 sqft of living space, its size is very typical for the street and area, suiting small families, couples, or first-time buyers looking for a manageable layout.

The primary appeal lies in its balance and predictability. The assessed value of $423k sits comfortably within the neighborhood range, suggesting a stable, non-speculative investment. A thoughtful perspective is that while the lot size is notably smaller than most on the street and in the area, this can translate to less yard maintenance—a potential benefit for those seeking a low-upkeep property. Its appeal is for a practical buyer who values a newer-built home in a mature suburb, prioritizes interior space over expansive land, and seeks a property that aligns closely with community averages, minimizing surprises.

Section 2: Frequently Asked Questions

1. How does the lot size impact this property?
The land area is smaller than most comparable lots on Aldgate Road and in River Park South. This means less outdoor space for gardening or recreation but typically results in lower maintenance requirements and potentially lower property taxes relative to larger lots.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($423k) is a municipal valuation for tax purposes. Notably, the last recorded sale (2021) fell within the $400k-$450k range. Current market conditions, which are not reflected in the assessment, will ultimately determine the price.

3. How does the age and size of this home compare broadly?
Built in 1997, it is newer than approximately 81% of similar homes across Winnipeg. At 1,106 sqft, the living area is slightly above the city-wide average, but is very typical for its immediate neighborhood and street.

4. What does the "Around Average" ranking mean for value?
Across key metrics like living area, assessed value, and year built, this property consistently ranks near the median for its street and neighborhood. This indicates it is a standard offering in the area, not an outlier, which can provide stability and easier comparables for financing or resale.

5. Where can I find verified historical sale data?
The provided sold price data is sourced from public records, not the MLS. For a complete and verified transaction history, you must request a manual lookup from the site, which they provide via email.