Property Overview: 23 Higham Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 23 Higham Bay presents a well-maintained, modern property built in 2007. With 1,774 sqft of living space, it offers above-average roominess for both the River Park South neighborhood and Winnipeg overall, providing more interior space than roughly 80% of similar local homes. Its assessed value of $530k aligns closely with the average on its own street but sits notably above the averages for the wider area and city, indicating a desirable location within a stable, established pocket of the community.
The appeal lies in its balance of a newer build with proven neighborhood stability. Being one of the newest homes on the street (ranked #1 out of 34 for year built) suggests potentially fewer major maintenance concerns compared to older stock, while the mature surroundings offer settled greenery and an established community feel. The lot is smaller than others on Higham Bay, which translates to less yard maintenance—a perk for some—while still providing a standard outdoor space for the area.
This property would suit buyers looking for a move-in-ready home in a family-friendly suburb who value space and modern construction over a sprawling yard. It’s a strong fit for professionals or growing families seeking a comfortable home in a community with above-average investment in the neighborhood, as reflected in the higher-than-city-average assessed values.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold between $450k-$500k in December 2020. Its current assessed value of $530k is above both the neighborhood and city averages, suggesting appreciation and a premium for its newer construction and location within River Park South.
2. Is the lot size a drawback?
The land area is smaller than most on its specific street but is average for the broader River Park South area. This means less private outdoor space than some direct neighbors, but also less upkeep. It’s a trade-off that prioritizes interior living space and ease of maintenance.
3. What does the "newer build" ranking actually mean for me?
Built in 2007, this home is among the most modern on its street. In practical terms, this often means building materials, major systems (like HVAC), and design elements are more contemporary, potentially leading to lower immediate repair costs and better energy efficiency than older homes in Winnipeg.
4. How stable is the value in this area?
The assessed value ranks in the top 19% for the neighborhood and top 15% city-wide, indicating a consistently valued area above Winnipeg norms. The close clustering of values on Higham Bay itself suggests a stable, non-volatile street with little variation in perceived market worth.
5. Where can I get verified sale price history?
The provided sold price is an estimate from public data. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry regulations.