Property Overview: 22 Higham Bay, River Park South, Winnipeg
Key Characteristics & Buyer Appeal
This home at 22 Higham Bay presents a compelling opportunity in Winnipeg's River Park South neighborhood. Its primary strength lies in its generous scale and established value. With over 2,090 square feet of living space, the home ranks in the top 9% for size both within the neighborhood and across the entire city, offering significantly more room than the average Winnipeg home. This is complemented by an assessed value of $585,000, which also places it in the top tier (top 9%) city-wide, indicating a premium valuation that aligns with its larger footprint.
Built in 2006, the property is newer than most homes in Winnipeg, though it is slightly older than the immediate average on its street. The lot size is fairly standard for the area. The home’s appeal is rooted in its above-average space and its position in a mature, established pocket of a popular suburban neighborhood. It would suit buyers looking for a spacious, move-in-ready family home without venturing into brand-new construction, and who appreciate a property with a strong, data-backed standing in the broader market. A thoughtful perspective is that while it commands a premium price, its size and assessment metrics suggest it is priced within the context of its substantial offering, rather than being inflated for the area.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
It is notably larger than most. With 2,091 sq ft, it surpasses the average home in River Park South by over 600 sq ft and the average Winnipeg home by nearly 750 sq ft, placing it in the top 9% for living space city-wide.
2. Is the assessed value of $585,000 high for the area?
Yes, it is above average. The assessed value ranks in the top 8% of the River Park South neighborhood and top 9% city-wide, reflecting its larger size and premium market position.
3. When was it last sold and for how much?
Public records indicate a sale between October 2016 for a price in the range of $450,000 to $500,000. For fully verified and exact historical sale figures, a manual lookup through the site is required.
4. The home was built in 2006. Is that considered old?
Not at all. While it is slightly older than the average on its specific street, it is significantly newer than the average Winnipeg home (built in 1966) and the average in River Park South (built around 1990). It represents a period of solid, modern construction.
5. What are the comparable homes nearby?
The listing provides examples of nearby properties with similar assessed values, such as 30 Kellendonk Road ($581k) and 272 Aldgate Road ($614k), and homes on the same street like 18 Higham Bay. These help illustrate the market context for this price point in River Park South.