Property Overview: 18 Boone Place, River Park South, Winnipeg
Key Characteristics & Appeal
This is a spacious, modern family home built in 2007, positioned in Winnipeg's desirable River Park South neighborhood. Its primary appeal lies in its generous 2,326 sqft living area, which ranks within the top 2% of the neighborhood and top 5% city-wide, offering significantly more interior space than typical Winnipeg homes. With an assessed value of $710,000, it sits in the top 1% of its neighborhood, signaling a premium property in a well-regarded area.
The home suits buyers seeking established, above-average space in a mature suburban setting without sacrificing modern construction. A thoughtful perspective is its positioning on its street: while elite at the neighborhood and city level, it is more average among its immediate neighbors on Boone Place. This suggests a consistent, high-quality streetscape without standing out as an outlier. The lot size is smaller than others on the street, which may appeal to those wanting less yard maintenance while still having a sizable, modern home. The 2022 sale price indicates strong market confidence, aligning with its high assessed valuation.
Ideal buyers are likely growing or established families who prioritize interior square footage and a contemporary build within a community of similar, high-value homes. It represents a turn-key opportunity in a competitive tier of the market.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value is above the street average but ranks as "elite" within the broader River Park South neighborhood (top 1%) and city-wide (top 4%). This indicates you are buying into one of the area's higher-tier properties.
2. Is the lot size a concern?
The land area is below average for Boone Place but is around average for the neighborhood and city. It offers a standard suburban yard, which may mean less exterior maintenance than larger lots on the street.
3. What does the 2022 sale price tell us?
The home sold between $800,000 and $850,000 in late 2022, which was substantially above its current assessed value. This historical sale suggests the property has held significant market value, though current conditions should be verified.
4. How modern is the home compared to others?
Built in 2007, it is newer than most homes in Winnipeg and River Park South. On its specific street, however, it is right around the average year of construction, meaning it fits seamlessly into a street of relatively newer homes.
5. Where can I get verified sale price history?
The provided sold price data is from public sources, not the MLS. For exact, verified transaction figures, you must request a manual lookup via email from the site, as detailed in the data notes.