Property Overview: 24 Parenteau Place, Winnipeg
Key Characteristics & Appeal
This 1988-built home in River Park South stands out primarily for its generous land size. With a lot of over 16,000 square feet, it ranks in the top 1% of the neighborhood and top 2% city-wide for land area, offering exceptional outdoor space potential. The 1,927 sqft living area is also comfortably above neighborhood and city averages, providing ample room inside.
Its appeal lies in this rare combination of a spacious home on a premium, oversized lot—a find that is increasingly uncommon in established suburbs. The property suits buyers who prioritize private outdoor space for gardening, recreation, or future expansion over a brand-new build. It’s a solid, above-average-sized home in a mature neighborhood, likely appealing to families or those seeking a long-term property with room to grow. A thoughtful perspective is that while the home's assessed value is slightly below average for its immediate street, the land itself represents a significant and appreciating asset, potentially offering value that isn't fully captured in the current valuation.
Frequently Asked Questions
1. What was the exact sold price in September 2023?
The public sold price data shows a range of CA$450,000–500,000. To obtain the exact, verified sale figure, you must request a manual lookup from the site via email, as they do not display MLS records.
2. How does the home’s value compare to its neighbors?
The home’s assessed value of $490K is slightly below the street average but above the neighborhood and city averages. This suggests you may get more house and significantly more land for your dollar here compared to wider areas, though it may be priced competitively among the immediate houses on Parenteau Place.
3. Is the lot size unusual for the area?
Yes, dramatically so. The lot is over three times the neighborhood average. This is the property's most elite feature, making it a standout for privacy and space in River Park South.
4. What does the "year built" ranking mean for a 1988 home?
While the home is of average age for its street, it is considered above average city-wide, where many homes are older. This indicates a home from a stable, developed period in Winnipeg’s suburbs, likely with mature landscaping but not among the newest stock.
5. Are the living area and value rankings contradictory?
Not necessarily. The home has more interior space than most comparable properties in the city and neighborhood. The value ranking factors in many variables, including the home's condition, finishes, and specific market trends. The data suggests you are paying primarily for space—both indoors and, especially, outdoors.