Property Overview: 3 Blackwater Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft home, built in 1981, presents a solid, well-maintained option in a mature Winnipeg neighbourhood. Its primary appeal lies in its strong standing within its immediate community. On Blackwater Bay street, it ranks well above average for assessed value (top 20%) and has a larger-than-average lot for the street. While the living space is slightly below the neighbourhood average, the home is notably one of the newer builds on its block. The assessed value of $405k sits comfortably above the street average, suggesting good upkeep and desirability for the location.
This property would suit a first-time buyer or downsizer looking for a manageable home in an established area without a premium price tag. It’s also a practical choice for a value-conscious buyer who prioritizes a good lot size and a stable street over having the newest or largest house in the wider area. A thoughtful perspective is that this home represents the "steady middle" of its market—it’s not the biggest, but its strong street-level rankings indicate it's a proven and competitive property within its most direct peer group.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, the living area is slightly above average for its street but below the average for the broader River Park South neighbourhood. It offers a manageable footprint.
2. Is the assessed value of $405k reasonable for the area?
The assessment is above the average for Blackwater Bay street, indicating it is valued higher than many direct neighbours. It is close to the city-wide average for comparable homes.
3. When was it last sold and for how much?
Records show it sold in August 2021. The public data indicates a sold price in the range of $300,000 to $350,000, which was in the top 80% of sales for the street at that time.
4. The home was built in 1981. Is that old for the area?
Interestingly, 1981 makes it one of the newer homes on Blackwater Bay (top 5%). However, it is older than the average build year for the wider River Park South neighbourhood.
5. How can I get the exact historical sale price?
The site provides estimated price ranges. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.