Property Overview: 19 Lechman Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,204 sqft home, built in 1979, presents a solid, value-conscious option in the established River Park South neighborhood. Its primary appeal lies in offering above-average interior space for its immediate street, ranking in the top 7% locally with a living area significantly larger (1,204 sqft vs. 885 sqft) than neighboring homes. The assessed value of $395k is also above the street average, suggesting a perception of good relative worth. However, the property has a smaller-than-average lot for the area and is older than most homes in the wider neighborhood.
This home would suit practical, first-time buyers or downsizers who prioritize interior square footage and a stable, mature community over a large yard or newer construction. It’s for someone who sees value in a home that stands out favorably on its own block in terms of size and assessment, even if it’s more average when compared to the entire city. A thoughtful perspective is that the compact lot could mean less maintenance, which is a plus for some lifestyles, while the older vintage may appeal to buyers preferring the character and construction of late-70s builds.
Frequently Asked Questions
1. How does this home’s size really compare?
While its living area is around the citywide average, it is notably larger than most other homes on Lechman Place itself, ranking 2nd out of 28 properties on the street.
2. Is the assessed value reasonable?
The $395k assessment is above the street average of $360k, ranking 4th highest on the block. This indicates it is likely assessed in line with or slightly above its immediate peers.
3. What should I know about the lot size?
The lot is 3,229 sqft, which is smaller than the average for both River Park South and Winnipeg overall. This typically means a smaller backyard but also less exterior upkeep.
4. How recent are the sales, and what did it sell for?
The home sold twice in recent years: in February 2020 for an estimated $300k-$350k, and more recently in May 2022 for an estimated $400k-$450k. Exact prices require a manual lookup from the provider.
5. The home was built in 1979. Is that a concern?
It is older than most homes in the River Park South neighborhood, where the average build year is 1990. This typically suggests potential for older components (like roofing, windows, or HVAC) that may need attention or updating, but also reflects the established nature of the street.