Property Overview: 248 Aldgate Road, River Park South, Winnipeg
Key Characteristics & Appeal
This home stands out in its River Park South neighborhood for its above-average size and modern construction. With 2,023 square feet of living space, it is notably larger than most comparable homes on its street, in the area, and across Winnipeg. Built in 2009, it is one of the newest homes on Aldgate Road, offering modern building standards and likely requiring less immediate upkeep than older properties. The assessed value of $550,000 is consistently above average across all comparison levels, reflecting its premium positioning.
The appeal lies in securing a spacious, contemporary home within a well-established neighborhood. It offers a balance: you get the space and condition of a newer build without being in a brand-new subdivision. It suits buyers looking for a move-in-ready family home who value space and modern amenities, but also appreciate a mature community setting. A thoughtful perspective is that while the lot size is typical for the street, it is slightly smaller than the neighborhood and city averages, which may appeal to those seeking a spacious interior with a more manageable yard to maintain.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in July 2020 for between $450,000 and $500,000. Its current assessed value of $550,000 places it above the street’s average, suggesting appreciation and a premium position among nearby properties.
2. Is the home’s above-average size typical for River Park South?
The living area is above average for the wider River Park South neighborhood, ranking in the top 11%. This indicates it is a larger-than-typical home for the area, not just its immediate street.
3. What does the "Elite" ranking for year built mean?
A ranking of #1 out of 160 for year built on Aldgate Road means this is the newest home among its direct peers on the street. This often translates to newer major systems (like roof, HVAC) and contemporary layouts.
4. How accurate is the sold price data provided?
The sold price ranges are based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site via email.
5. The lot size is noted as "around average" for the neighborhood. Should I be concerned?
The lot is above average for Aldgate Road itself. While it is slightly smaller than the broader neighborhood average, this is common for newer homes built on infill or subdivided lots. It balances interior space with a lower-maintenance yard.