Property Overview: 18 Chancery Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 18 Chancery Bay is a solid, well-positioned property in Winnipeg's River Park South neighborhood. Built in 1985, it is newer than most homes across the city and is among the newer properties on its own street. With 1,470 sqft of living space and a 5,731 sqft lot, the home offers roomy, practical dimensions that are consistently above or around the average for its immediate area.
The appeal lies in its balance and established setting. The assessed value of $466k sits comfortably in the middle of the pack for Chancery Bay but is notably above the Winnipeg citywide average, suggesting a stable and desirable location. The home last sold in mid-2023 for an estimated $450k-$500k, a price point that performed well compared to both the neighborhood and the broader city. It suits buyers looking for a move-in ready, no-surprises home in a mature suburb—ideal for young families seeking space and community amenities, or downsizers who want a manageable property without compromising on room. A thoughtful perspective is that this property represents a "known quantity": its metrics consistently hover near local averages, which can mean less volatility and a lower risk of overpaying compared to more outlier properties.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,470 sqft, the living area is very close to the average for both Chancery Bay street (1,477 sqft) and the wider River Park South neighborhood (1,410 sqft). It offers standard family-sized space for the area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is $466k. The home sold for an estimated $450k-$500k in June 2023, which was in the top 19% for the neighborhood at that time. Current market conditions will ultimately determine price, but its historical sale performance was strong.
3. What does the year built tell us about the property?
Built in 1985, this home is newer than about 71% of comparable properties across Winnipeg. On its own street, it ranks in the top 17% by age, meaning it is one of the newer homes in that specific grouping, which may imply updates or systems that are relatively more modern.
4. How does the lot size impact the property?
The lot of 5,731 sqft is above average for River Park South and on the larger side for its street. This provides good outdoor space, but it's close to the citywide average, so it's a generous yard for the neighborhood without being an exceptionally vast parcel.
5. Where can I find verified, exact sold price data for this home?
The public data shows a sold price range. Due to industry rules, exact MLS sold records are not displayed on this site. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup.