Property Overview: 263 Aldgate Road, River Park South, Winnipeg
Key Characteristics & Appeal
This home at 263 Aldgate Road presents a compelling blend of modern space and established value in Winnipeg's River Park South neighborhood. Its primary strength is its generous living area of over 2,000 square feet, which ranks in the top 10% for its street, neighborhood, and city-wide. Built in 2007, the property is notably newer than most comparable homes in Winnipeg, suggesting updated building standards and potentially lower immediate maintenance needs. The assessed value of $508k sits above area and city averages, indicating a solid, recognized worth.
The appeal lies in this above-average size and modern age within a mature community. It suits buyers looking for move-in-ready space without the premium of a brand-new build. A thoughtful perspective is the lot size, which is slightly below average for the immediate area. This could mean less yard upkeep—a plus for busy professionals or those seeking a low-maintenance lifestyle—while still providing a good indoor footprint. The consistent sale price growth over recent transactions points to a history of steady value appreciation. This property would best suit growing families or professionals who prioritize interior space and a modern home in a settled suburb over a large garden.
Frequently Asked Questions
1. How does the lot size compare, and what does it mean for me?
The land area is somewhat smaller than the average for River Park South. In practice, this typically translates to less yard maintenance and lower landscaping costs, while the home itself offers more interior space than most in the area.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often a conservative benchmark. Recent sold prices for this home have trended above its current assessed value, suggesting market value may be higher, as seen in its 2024 sale.
3. What does the "Above Average" ranking for year built really indicate?
Built in 2007, this home is significantly newer than the Winnipeg city-wide average for comparable homes (1966). This generally implies more modern construction materials, electrical systems, and building codes, which can mean fewer major retrofits in the near term.
4. The home sold recently in 2024. Why is it back on the market?
The provided data shows sale history but does not indicate the property is currently for sale. This information is intended to show historical price trends and context for the home's value.
5. How can I get the exact sold prices instead of the ranges shown?
The site provides sold price ranges publicly. To receive verified, exact historical sale figures for this property, you can request them via email through the site's provided service, which manually looks up the official records.