Property Overview: 23 Acton Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South stands out for its generous proportions, both in its living space and, more notably, its lot size. With 1,739 sqft of living area, it offers above-average space for its street, neighborhood, and city-wide context. The true distinguishing feature is the 13,495 sqft land area, which ranks in the top 1% of River Park South and the top 3% city-wide, offering exceptional outdoor potential.
Its appeal lies in a established, mature setting where the property itself offers room to grow. The assessed value of $542k is well above local and city averages, reflecting its premium lot size and solid living space. It suits buyers looking for a home with a substantial yard for gardens, recreation, or future additions, who value space and privacy over a brand-new build. It’s a property for those who see the underlying value in land—a asset that is increasingly rare in mature suburbs—coupled with a comfortably sized home.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large. At over 13,000 sqft, it is nearly double the average for its street and more than double the average for the River Park South neighborhood.
2. What is the likely selling price based on recent history?
The home sold in August 2021 for between $500,000 and $550,000. Given the above-average assessed value and premium lot size, a current market valuation would likely need to account for market changes since that sale.
3. Is the living space modern or dated?
The home was built in 1985. While the living area is above average, the interior likely reflects layouts and finishes of that era, so some updating may be anticipated depending on previous renovations.
4. How does the property rank for value in the area?
Its assessed value is in the top 10% on its own street and the top 17% in River Park South, indicating it is considered a higher-value property within the community, due largely to its significant lot.
5. Where can I get verified sale price data for this home?
The provider notes that exact sale figures are not displayed online due to industry rules. They offer a manual lookup service where you can request the exact transaction history via email.