Property Overview: 18 Tiverton Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 18 Tiverton Bay is a well-established property in the River Park South neighborhood, built in 1986. With 1,198 square feet of living space on a 5,117 sqft lot, its size is consistently around the average for its immediate street, neighborhood, and the wider city. Its assessed value of $421k sits below the street average but aligns with the neighborhood average, presenting a potentially more accessible entry point on a street of slightly higher-valued homes.
The appeal lies in its position within a mature, settled community. A key, less obvious strength is its relative "newness" on its own street—it is ranked in the top 7% for year built among its 30 direct neighbors, suggesting it may have advantages in terms of modernized building standards or potentially less immediate need for major system updates compared to older peers. It suits practical buyers looking for a solid, no-surprises home in a family-friendly area, who value community stability over a brand-new build. It’s a property that represents the core of the Winnipeg market: average in size, competitively valued within its area, and offering the quiet benefits of a developed neighborhood.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
According to available data, a home on this street sold between $300k-$350k in 2016. The current assessed value of $421k reflects market changes since then. For precise, verified recent sale prices, a manual lookup is required.
2. Is the living space smaller than other homes nearby?
The living area is slightly below the street average (1,198 sqft vs. 1,444 sqft average) but is very close to the neighborhood and city averages for comparable homes. It offers functional space typical for the area.
3. What does the "above average" year built ranking mean?
On Tiverton Bay, the average build year is 1986. This home, also built in 1986, is ranked highly because many homes on the street are older, making it one of the newer homes in that specific group—a positive for potential longevity and updates.
4. How is the lot size for the area?
The lot is approximately 5,117 sqft, which is somewhat smaller than the street average but comparable to many lots in River Park South. It provides standard outdoor space for the community.
5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to open a neighborhood map analysis, which allows you to compare this property with nearby houses based on year built, living area, assessed value, and lot size.