Property Overview: 28 Highbury Road, River Park South, Winnipeg
Key Characteristics & Appeal
This 1992-built home on Highbury Road presents a practical and competitively positioned offering in Winnipeg's River Park South neighborhood. With 995 square feet of living space, it is a compact and efficiently sized property, sitting slightly below the neighborhood average but very much in line with the typical home on its own street. Its assessed value of $392,000 is consistently "around average" across street, neighborhood, and city-wide comparisons, suggesting a fair and stable market valuation.
The appeal lies in its balance and established setting. The lot size (4,508 sqft) is above average for the street, offering decent outdoor space relative to nearby homes. As a home built in 1992, it is newer than most in Winnipeg, potentially implying fewer major age-related concerns than older stock. It suits first-time buyers or downsizers looking for a manageable, lower-maintenance home in a mature suburban area. It may also attract value-focused investors or buyers who prioritize a newer build date and a stable, established community over maximizing square footage. A thoughtful perspective is that its consistent "average" metrics across scales indicate a property less likely to be overvalued or undervalued based on hyper-local trends, offering a straightforward entry into the market.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 995 sqft, the living area is very close to the average for Highbury Road itself (~998 sqft) but is below the broader River Park South neighborhood average. It's a compact layout typical of many homes on its specific street.
2. What is the property's recent sales history?
Records show it sold in December 2021 for a price between $400,000 and $450,000, and previously in November 2017 for between $300,000 and $350,000. Exact sale prices require a manual lookup request through the site.
3. Is the assessed value a good indicator of the likely selling price?
The assessed value of $392,000 is consistently around average when compared to the street, neighborhood, and city. It serves as a stable benchmark, but market conditions will ultimately determine the final sale price.
4. What are the less obvious factors to consider with this property?
While the home is newer than the Winnipeg average, it is now over 30 years old, so a standard inspection for systems and components of that age is advisable. The lot is a good size for the street but smaller than many in the wider neighborhood, which could be a trade-off for easier upkeep.
5. Where can I see more detailed comparisons with neighboring houses?
The site offers a neighborhood analysis page that maps this property alongside nearby homes, allowing for direct visual comparison of year built, living area, assessed value, and lot size.