Property Overview: 210 Alburg Drive, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,616 sqft bungalow, built in 1983, presents a compelling opportunity defined by its standout lot size and solid positioning within its market. The property’s most distinctive feature is its 9,511 sqft land area, which ranks in the top 3% on its street and top 5% in the River Park South neighborhood. This offers exceptional outdoor space potential, a rarity in modern subdivisions. The home itself is above average in size city-wide and carries an assessed value of $476k, which is notably above average for both its street and Winnipeg overall, suggesting a perception of quality and desirability.
The appeal lies in a balanced offering: a home with generous, well-proportioned living space situated on a truly premium lot. It suits buyers who prioritize long-term value tied to land, such as growing families seeking room for play, gardens, or future additions, or those who simply value extra privacy and space over a newer build. It’s a practical choice for someone looking in established, family-oriented neighborhoods like River Park South, where the house offers more room than many peers without being the most expensive on the block. The 2017 sale price (in the $300k-$350k range) provides a useful benchmark for gauging market movement.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the listing or sale price?
Not directly. The assessed value of $476k is for municipal tax purposes and indicates the home is valued above averages. However, the final sale price is determined by the current market, condition of the home, and buyer demand. It’s a strong data point, but not a price tag.
2. How significant is the lot size in practical terms?
Very. A lot nearly double the street average provides tangible benefits: ample space for a large deck, shed, or garden; more distance from neighbors; and potential for landscaping projects or even future expansion (subject to zoning).
3. The home was built in 1983. What should I consider?
Homes from this era may have original components, like windows, roof, or major systems (furnace, electrical), nearing or exceeding their typical lifespan. A thorough inspection is crucial to budget for any necessary updates, which can also be an opportunity to customize.
4. How does this property compare to others on Alburg Drive?
It holds a strong position. It has a top-tier lot size, an above-average assessed value (ranked 8th of 77), and living space slightly above the street average. This suggests it’s one of the more substantial properties on the street, not just an average offering.
5. Where can I get the exact historical sale prices?
The site provides estimated sale price bands publicly. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.