Property Overview
31 Acton Place is a well-established home in Winnipeg's River Park South neighborhood. Built in 1985, it offers 1,755 sqft of living space on a 4,793 sqft lot, with a current assessed value of $448,000.
Key Characteristics & Appeal
This home’s primary strength is its generous and efficient living space. At 1,755 sqft, it ranks in the top 20% for size within its neighborhood and top 19% city-wide, offering more room than most comparable Winnipeg homes. Its assessed value sits above the city average, yet is competitive within River Park South, suggesting a solid value proposition for the square footage offered.
The appeal lies in its established setting. The data indicates the home is newer than most in Winnipeg and is on par with others on its street. It suits buyers looking for a move-in ready, spacious home in a mature neighborhood without the premium often attached to newer developments. It’s particularly well-suited for small families or downsizers who prioritize interior space over a large yard, as the lot size is more compact than others on Acton Place.
A thoughtful perspective is the home’s consistent sales history. It has changed hands several times in recent years (2017, 2019, 2023), each time within a similar price band. This can indicate a stable, predictable market value for the area, which is appealing for both buyers seeking a sensible investment and sellers looking for market resilience.
Frequently Asked Questions
1. How does the lot size impact the property?
While the 4,793 sqft lot is smaller than the average on its specific street, it is very close to the neighborhood average. This means lower maintenance than a larger lot, but potentially less private outdoor space than some immediate neighbors.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value ($448k) is for municipal tax purposes. Recent sold data shows the home last sold in 2023 for an estimated $400k-$450k, suggesting the assessment is in a realistic ballpark, but market conditions will ultimately determine the price.
3. What does the "top percentile" ranking mean for living area?
Ranking in the top 19% city-wide for living area means this home is larger than approximately 81% of comparable homes across Winnipeg. This is a significant advantage for buyers seeking space.
4. The home has sold several times recently. Is that a concern?
The sales in 2017, 2019, and 2023 show regular turnover, which is common. The sold price remained in a consistent range through those years, suggesting no major, unexplained fluctuations in value.
5. Where can I get verified sale price history for this home?
The site provides estimated sold price ranges. For exact, verified sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.