Property Summary: 17 Rillwood Place, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 17 Rillwood Place in River Park South is a study in practical value and established community living. Its key characteristic is its position as a competitively priced, modestly sized property within its immediate vicinity. While its 908 sqft living area and lot size are below the broader neighborhood and city averages, they are very much in line with the scale of homes on Rillwood Place itself. This creates a specific appeal: it offers an accessible entry point into a mature neighborhood where many other homes are larger and more valuable.
The appeal lies in its efficiency and value proposition. With an assessed value significantly below area averages, it presents a lower property tax base and an opportunity for buyers priced out of larger homes in River Park South. The home, built in 1979, is notably one of the newer houses on its street, suggesting potentially fewer immediate concerns with major aging components compared to direct neighbors. It would suit first-time buyers seeking a manageable footprint, downsizers looking to remain in a familiar type of neighborhood without the upkeep of a larger property, or investors interested in a stable rental property in an established area. A less obvious perspective is that its "below average" size for the area could be a long-term advantage, as it represents a scarce, more affordable product in a neighborhood that may otherwise see fewer entry-level options.
Section 2: Frequently Asked Questions
1. Is the sold price range provided accurate?
The sold price range (CA$300k–350k for January 2025) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
2. How does this home’s value compare to its neighbors?
Its assessed value ($298k) is below the average for both River Park South and Winnipeg overall. However, on its own street, it ranks closer to the average, indicating it’s a typical home for this specific part of the community.
3. Is the living space unusually small?
At 908 sqft, it is smaller than most homes in River Park South. However, on Rillwood Place, this size is around the street average, meaning the immediate surrounding homes are of a similar scale.
4. What does the "Elite" ranking for year built mean?
Built in 1979, it is one of the newest homes on Rillwood Place, ranking in the top 2% for its street. This is a relative measure; while newer than its direct neighbors, it is still an older home by modern standards.
5. Why is the lot size considered below average?
The lot is 3,298 sqft, which is smaller than the typical lot in both the neighborhood and Winnipeg. This means less yard maintenance but also less private outdoor space compared to many other local properties.