Property Overview
This 890 sqft home at 26 Carriage House Road in Winnipeg's River Park South neighborhood presents a practical and affordable entry point into the market. Built in 1986, it is one of the newer homes on its street. The property’s assessed value of $349k sits below the neighborhood average but is close to the city-wide average, suggesting it offers relative value within a desirable area. The lot size is modest, particularly compared to the broader neighborhood and city.
The appeal here is one of efficiency and location over sheer size. It suits first-time buyers, downsizers, or investors seeking a lower-maintenance property in an established community. Its value proposition is clear: you're purchasing a newer home in a mature neighborhood for a price that is competitive across Winnipeg, albeit in a compact package. A thoughtful perspective is that while the living space is below average, this can translate to lower utility costs and less upkeep, appealing to those prioritizing financial efficiency and simplicity.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 890 sqft, the living area is below the average for both the River Park South neighborhood (1,410 sqft) and the city of Winnipeg (1,342 sqft). On its own street, it ranks around the average, indicating the street consists of generally more compact homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $349k is a municipal valuation for tax purposes, not a market price. It serves as a useful benchmark. Notably, it is below the neighborhood average but aligns closely with the city-wide average, which may indicate a pricing opportunity within this specific area.
3. What are the implications of the home being built in 1986?
This is a key feature. The home is among the newest on its street, which can be advantageous. Homes from this era often incorporate modern wiring and insulation standards compared to much older stock, potentially reducing immediate renovation needs.
4. How can I find out the exact past sale price?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.
5. The lot size seems smaller than others in the area. What does this mean for me?
The lot is 3,612 sqft, which is below the neighborhood average. This typically means less yard maintenance, which can be a positive for those seeking ease. However, it may also limit potential for large additions or extensive outdoor living spaces compared to properties on larger lots nearby.