Property Summary: 227 Tufnell Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 860 sqft bungalow on a standard 4,347 sqft lot in River Park South presents a specific value proposition. Its key characteristic is being a smaller, more affordable entry point into a well-established neighborhood. Built in 1981, it is actually newer than most homes on its own street.
The primary appeal lies in its efficient size and relative value. With an assessed value of $343k, it sits below the averages for its immediate street and neighborhood, yet is close to the city-wide average. This positions it as a potential opportunity for cost-conscious buyers to access a mature area without the premium price tag of a larger home. It last sold in the $350k-$400k range in 2022.
This property would best suit first-time buyers, downsizers, or investors seeking a manageable, lower-maintenance home. Its below-average square footage means utility and upkeep costs are likely lower, which is a practical, less obvious advantage. However, buyers should be prepared for cozy living quarters, as the home's size ranks well below local norms. It’s a practical choice for those who prioritize location and financial accessibility over space.
Section 2: Frequently Asked Questions
1. Is this house significantly smaller than its neighbors?
Yes. At 860 sqft, the living area is notably smaller than most homes on Tufnell Drive (average 1,201 sqft) and in the wider River Park South area.
2. How does its assessed value compare?
Its $343k assessment is below the street and neighborhood averages but aligns closely with the Winnipeg city-wide average. This suggests it is priced for its size within the broader market.
3. What is the lot size like?
The lot is 4,347 sqft, which is fairly typical for the street and slightly below the neighborhood average. It provides standard outdoor space for a home of this era.
4. How old is the home compared to others nearby?
Built in 1981, it is one of the newer homes on its specific street, where the average year built is 1979. This is a relative advantage in terms of potential build standards or systems.
5. Where can I get exact historical sale prices?
The site provides sold price ranges. For fully verified, exact transaction figures, you must request a manual lookup via email, as this data is not sourced from the MLS.