Property Overview: 31 Glenham Cove, River Park South, Winnipeg
Key Characteristics & Appeal
This 1995-built home in River Park South offers a well-proportioned living space of 1,976 sqft on a 6,241 sqft lot. Its primary appeal lies in its strong, above-average positioning within the broader market. The living area is notably spacious, ranking within the top 12% of the neighborhood and top 11% city-wide, offering more room than most comparable Winnipeg homes. With an assessed value of $547k, it sits in a value tier above both neighborhood and city averages, suggesting a solid level of finish and desirability.
The home suits buyers looking for established character with ample interior space, who may prioritize a larger floor plan over a larger yard. While the lot size is slightly below average for its immediate street, it remains above average for the neighborhood, indicating a good balance. A thoughtful perspective is that this property represents a "sweet spot"—it's not the newest on the block, but it's newer than most city-wide, and it offers more interior space than most, all within a stable, established community. It would particularly suit growing families or professionals seeking a move-in-ready home with proven value retention in a mature suburb.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in August 2022 for between $550,000 and $600,000. This sale price was in the top 10% city-wide at the time, aligning closely with its current above-average assessed value.
2. Is the lot size a drawback?
While the lot is smaller than the average on Glenham Cove, it is still larger than 80% of lots in the wider River Park South area. It offers a manageable yard size with less maintenance, which can be an advantage for many buyers.
3. What does the "Above Average" ranking mean for future value?
The home consistently ranks above local and city averages for living area and assessed value. This suggests it is a premium property within its cohort, which can contribute to stability and resilience in market fluctuations compared to average or below-average properties.
4. How can I verify the exact historical sale price?
The provided sale price is a publicly sourced estimate. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which will provide the exact data via email.
5. Are there similar homes nearby for comparison?
Yes. Direct comparisons include 35 Glenham Cove (1,242 sqft, $542k assessment) and 19 Glenham Cove (1,776 sqft, $532k assessment). This home offers significantly more living space than the closest comparable properties on the same street.