Property Overview
This home at 18 Miner Cove in Winnipeg's River Park South neighborhood presents a compelling opportunity for buyers seeking a well-established, above-average property in a mature community. Built in 2008, it offers the benefits of a relatively modern construction without the premium often attached to brand-new builds.
Key Characteristics & Appeal
The home’s primary strength is its consistent positioning above local and city-wide averages. With nearly 2,000 square feet of living space, it sits comfortably in the top 11% for size within its neighborhood and across Winnipeg. This spaciousness is complemented by a generous lot of over 7,300 square feet, providing ample outdoor space—a feature that ranks well above the neighborhood norm.
Its assessed value of $616,000 is a standout metric, placing it in the "elite" top 4% for River Park South and indicating a premium valuation relative to the area. This suggests a property that has been well-maintained or possesses desirable features not captured in the basic metrics. The home appeals to move-up buyers or families looking for established community roots without sacrificing modern comforts. It suits those who value space, both indoors and out, and appreciate a home that holds a strong, above-average standing in multiple categories. A thoughtful perspective is that this property offers a balance: it’s newer than most in the city, yet on a street where it isn't the newest, potentially offering more mature landscaping and settled infrastructure compared to the latest subdivisions.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The property sold in July 2020 for a price between $450,000 and $500,000. The current assessed value of $616,000 reflects market changes and the property’s standing since that time.
2. Is the living space typical for the street?
At 1,996 sqft, it is slightly above the street average of 1,946 sqft, ranking 7th out of 12 homes on Miner Cove. It is more notably larger than the typical home in the wider neighborhood and city.
3. What does the "elite" assessed value ranking mean for the neighborhood?
Ranking in the top 4% in River Park South means this home’s assessed value is significantly higher than the neighborhood average of ~$447k. This often correlates with larger size, desirable updates, premium finishes, or a prime lot location.
4. How does the lot size compare?
The 7,376 sqft lot is larger than the neighborhood average (5,447 sqft) and slightly above the city average. On its own street, it ranks 4th out of 12, making it better than average locally.
5. Where can I get verified historical price data?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS.