Property Overview: 19 Tiverton Bay, Winnipeg
Key Characteristics & Appeal
This 1986 home in River Park South presents a practical, mid-sized family option with a footprint of just under 1,100 square feet on a modest 4,817 sqft lot. Its assessed value of $427k sits comfortably around the neighborhood average, suggesting a stable, established value proposition without premium pricing. The home’s appeal lies in its balance and efficiency. While the living area is slightly below the street average, it is squarely around the neighborhood and city averages, indicating a manageable space for a smaller household or first-time buyers. A notable characteristic is its year of construction, which is among the newest on its street, potentially implying fewer immediate concerns with aging infrastructure compared to some direct neighbors.
The property would suit buyers seeking an affordable entry into a mature Winnipeg suburb like River Park South, prioritizing location and a solid foundation over expansive square footage or a large yard. It’s a home for those who value a predictable investment in a well-established area, ideal for downsizers, young couples, or investors looking for a straightforward rental property. A thoughtful perspective is that the smaller lot, while not offering vast outdoor space, translates to less maintenance—a hidden benefit for those seeking a lock-and-leave lifestyle or wishing to minimize weekend yard work.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,099 sqft, the living area is slightly below the average for Tiverton Bay Street itself but is very close to the broader River Park South and Winnipeg averages for comparable homes, representing a typical mid-sized footprint for the area.
2. Is the assessed value of $427k high for this neighborhood?
It is around the average. On this street, the average assessed value is $448.1k, and in River Park South, it's $447.2k, placing this property very close to the neighborhood norm without a significant premium or discount.
3. What are the implications of the home being built in 1986?
This is a relative strength. The home is newer than most on its street and slightly newer than the citywide average for comparable properties, which may be favorable for the condition of major components like roofing, windows, and electrical systems.
4. How reliable is the sold price data shown?
The site states sold price data is from public online sources, not the MLS, and is presented as a range. For fully verified, exact transaction history, they offer a manual lookup service via email.
5. The lot size seems smaller than others on the street. Is that a concern?
The lot is indeed smaller than the street average. This means less private outdoor space but also significantly reduced yard maintenance. It’s a trade-off that may be a drawback for some but a practical benefit for others.