Property Overview: 252 John Forsyth Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 870 square feet of living space, it is notably compact compared to most homes on its street and in the broader area, which typically exceed 1,100 square feet. This smaller footprint is reflected in its assessed value of $363k, which sits below the local neighborhood average but aligns closely with the Winnipeg citywide average.
The appeal here is one of value and efficiency. The lot size is fairly typical for the street, offering manageable outdoor space. Its recent sale history suggests steady market interest. This property would suit first-time buyers, downsizers, or investors seeking a lower-maintenance home in a mature suburb without a premium price tag. It offers the chance to live in a settled community where the investment is primarily in the location and land, with the home itself representing a functional, no-frills foundation. A thoughtful perspective is that a smaller, efficiently designed home can offer lower utility costs and less upkeep, allowing owners to invest more in personalizing the space or enjoying the neighborhood amenities.
Frequently Asked Questions
1. Is the living area unusually small for the area?
Yes. At 870 sqft, this home's living area ranks in the bottom 15% for the River Park South neighborhood and is significantly smaller than the area average of 1,410 sqft.
2. How does its value compare to nearby homes?
Its assessed value ($363k) is below the average for both John Forsyth Road ($397k) and River Park South ($447k). However, it is very close to the citywide average ($390k), indicating it represents a more typical Winnipeg price point.
3. What is the property's recent sales history?
It sold between $400k-$450k in September 2024. Prior to that, it sold between $300k-$350k in June 2017. Exact sale prices are available upon request.
4. Is the lot size a pro or a con?
The 4,326 sqft lot is slightly above average for the street, which is a positive. However, it is below the larger average lot size for the wider River Park South neighborhood.
5. Where can I get verified, exact sale price data for this home?
The public data shows price ranges. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site provider, as MLS data is not displayed here.