Property Overview: 241 John Forsyth Road, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1985-built home in River Park South presents a solid, middle-of-the-road offering with practical appeal. Its key characteristic is balance: at 1,268 sqft, the living space is notably above average for its street, yet remains manageable. The assessed value of $365k sits comfortably below the neighborhood average, suggesting a potentially more accessible entry point into the area. The lot size of 4,364 sqft is generous for the street but smaller than typical for the wider neighborhood, indicating a low-maintenance yard.
The appeal lies in its position as a stable, established property in a mature community. It suits first-time buyers or downsizers looking for a home that doesn’t require extensive updating, and value-conscious buyers who prioritize more interior space over a large yard. A thoughtful perspective is that its "average" metrics across the city might translate to predictable long-term value without the volatility of more unique properties. It’s a home for those seeking practicality and community over standout features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in late 2016. Current assessed value is below the street's average, but for exact, verified recent sale prices of comparable homes, a manual lookup is required through the site.
2. Is the living space larger or smaller than most homes nearby?
At 1,268 sqft, the home is larger than most on John Forsyth Road (ranking in the top 24%), but is close to the citywide average. It offers more interior space than many immediate neighbors.
3. What does the assessed value ranking indicate?
With an assessed value ranking in the top 70% on its street but the top 83% (i.e., below average) in River Park South, it suggests the home may offer relative value within a neighborhood where many homes are valued higher.
4. Is the lot size typical for the area?
The lot is above average for the street but below the average for the broader River Park South neighborhood. This often means a decent private outdoor space that requires less upkeep than larger lots nearby.
5. How can I get precise historical sale data for this property?
Due to industry rules, exact sale prices are not published automatically. You can request the full transaction history via email from the site, and they will provide the verified figures manually.