Property Overview: 23 Lechman Place, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,220 sqft home, built in 1979, presents a compelling case for value-focused buyers. Its primary appeal lies in offering above-average interior space on a modestly-sized lot within a mature, established neighbourhood. While the home is older than many in River Park South, its living area is notably larger than most on its street, ranking in the top 4% locally. This creates an efficient layout that maximizes usable space without the maintenance burden of a large yard, as the lot size is below the neighbourhood and city averages.
The assessed value of $360k aligns with the street average but sits below the broader neighbourhood average, suggesting a potentially more accessible entry point into the area. This profile suits first-time buyers or downsizers seeking a comfortable, move-in-ready home without premium square footage or land. It also appeals to the pragmatic investor or owner-occupant who prioritizes interior space over exterior upkeep and sees value in a well-located, functionally sized property that has demonstrated steady appreciation, as indicated by its sale history.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is a standout feature. At 1,220 sqft, it is significantly larger than the average home on Lechman Place (885 sqft) and is competitive with both neighbourhood and city averages.
2. Is the assessed value typical for the area?
The $360k assessment is average for the immediate street but is below the River Park South neighbourhood average of ~$447k. This indicates the home may offer a relative value proposition within the wider area.
3. What should I know about the lot size?
The lot is 3,229 sqft, which is smaller than most in River Park South and Winnipeg overall. This means less yard maintenance but also less private outdoor space compared to many area homes.
4. The home was built in 1979. Is that a concern?
The build date is older than most in the immediate neighbourhood, where many homes are from the 1980s and 1990s. A thorough inspection is advised to understand the condition of major aging components like the roof, windows, and mechanical systems.
5. How can I get the exact historical sale prices?
The site provides sold price ranges. Due to industry regulations, exact sale figures are not published online here. You can request the full transaction history via email, and the team will provide the verified details manually at no cost.