Property Overview
30 Elsey Road is a well-maintained, modern home in Winnipeg's River Park South neighborhood. Built in 2013, it offers 1,400 square feet of living space on a 5,289 square foot lot. The home last sold in late 2022 for an estimated price between $550,000 and $600,000 and currently holds a municipal assessed value of $532,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of modern construction and established neighborhood value. While its living area is slightly below the average for its immediate street, the property is newer than most homes in both the neighborhood and the wider city, suggesting fewer immediate maintenance concerns. Its assessed value is notably above average for River Park South and Winnipeg overall, indicating it is positioned in a desirable segment of the market.
The property would suit practical, value-conscious buyers. It's ideal for a young family or professional couple seeking a move-in ready home from the last decade in a mature suburb. It may also appeal to an investor or buyer looking for a property with a strong assessed value foundation relative to the city, which can be a marker of stability. A less obvious perspective is that its "around average" size on a larger-than-average street lot could offer a relative premium of outdoor space compared to some neighboring homes, a subtle advantage for future enjoyment or expansion.
Frequently Asked Questions
1. Is the living space small for the area?
The living area is slightly below the average for Elsey Road itself but is very close to the neighborhood average (1,400 sqft vs. 1,410 sqft) and above the Winnipeg average. It represents a fairly standard size for the broader area.
2. Why is the assessed value higher than the neighborhood and city averages?
The above-average assessed value is driven by the home's modern build year (2013) and its location within River Park South. It ranks in the top 19% of the neighborhood for value, reflecting its newer condition and the specific market perception of this street and similar properties.
3. How reliable is the sold price information shown?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email, as industry rules prevent the display of official MLS records here.
4. The home is newer than most in Winnipeg. What does that mean for me?
A 2013 build year means major structural components, roofing, windows, and mechanical systems like the furnace are relatively young and likely have many years of serviceable life remaining, potentially reducing near-term capital repair costs.
5. How does the lot size compare?
At 5,289 sqft, the lot is larger than most on Elsey Road and is close to the neighborhood average. It is, however, smaller than the average lot across Winnipeg. This suggests a good balance of yard space for the suburb without the extensive maintenance of a very large city lot.