Property Overview: 19 Pear Tree Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This home presents a solid, mid-range option in the established River Park South neighborhood. Built in 1983, its construction year is notably newer than many Winnipeg homes and is among the newest on its own street. With 1,040 sqft of living space and a 4,372 sqft lot, the property sits around average for its immediate street and the wider city, though it is somewhat more compact compared to other homes in River Park South.
Its primary appeal lies in its stability and predictability. The assessed value of $400k is consistent with area norms, and its last known sale was between $300k-$350k in mid-2020. The data suggests a property that isn't an outlier but a representative part of a mature community. It would suit first-time buyers or downsizers looking for a manageable, low-maintenance footprint in a quiet, bay-style street. A thoughtful perspective is that its "average" metrics might be a strength, indicating less risk of over-improvement for the area and potentially smoother future resale within a well-defined market segment.
Frequently Asked Questions
1. How does this home's size compare to its neighbors?
At 1,040 sqft, the living area is very close to the average for Pear Tree Bay itself (~1,071 sqft) but is below the broader neighborhood average. This indicates a cozy, efficient layout that is typical for this specific street.
2. Is the assessed value of $400k reasonable for the area?
The assessment is around average for the street, neighborhood, and city. Comparable nearby homes on Pear Tree Bay have recent assessments between $402k and $410k, suggesting the valuation is in line with direct comparables.
3. What can the 2020 sale price tell me?
The home sold for an estimated $300k-$350k in July 2020. This provides a historical anchor point. For a precise sale price, you must request a manual lookup from the site, as exact MLS records are not published.
4. The lot size seems smaller than the neighborhood average. Is that a concern?
The lot is under 5,000 sqft, which is below the River Park South average but typical for Pear Tree Bay. It likely means less yard maintenance, which could be a positive for some buyers, but offers less private outdoor space than some area homes.
5. Are there many homes from the same era nearby?
Yes. The 1983 build year is common on this street, with several direct neighbors built in the same early-1980s period. This suggests uniform infrastructure and a settled streetscape with mature landscaping.