Property Overview: 35 Furness Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1985-built home in River Park South presents a practical opportunity in a mature neighbourhood. With 1,084 sqft of living space on a 5,038 sqft lot, its key characteristic is its relative modesty compared to immediate neighbours. The home ranks below the street average for both size and assessed value, suggesting it is one of the more accessible entry points onto Furness Bay. Its appeal lies in this value positioning within a well-established area, coupled with a lot size that is consistent with the wider neighbourhood. The assessed value of $416k sits comfortably above the Winnipeg city average, indicating a stable investment in a desirable part of the city.
This property would suit first-time buyers or downsizers seeking a foothold in a settled community without the premium for a larger home on the same block. It also appeals to the value-conscious buyer who prioritizes location and land over square footage, seeing potential in the existing structure or lot. A thoughtful perspective is that while it may feel smaller compared to its direct street neighbours, its fundamentals are aligned with—or exceed—city-wide norms, offering a balanced compromise.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in 2016. Current assessed value ($416k) is below the street average ($439.1k), ranking 18th out of 25 homes on Furness Bay. This suggests it may be priced more accessibly than many neighbouring properties.
2. Is the living space significantly smaller than other homes in Winnipeg?
At 1,084 sqft, it is slightly below the neighbourhood average but actually very close to the Winnipeg city-wide average of 1,342 sqft for comparable homes. It offers a fairly typical amount of space for the broader market.
3. What does the "Top X%" ranking mean?
A "Top X%" rank shows how a property compares to peers. For example, being in the "Top 72%" for assessed value on its street means its value is higher than 72% of comparable homes on Furness Bay—or, put another way, 28% of homes on the street have a higher assessed value.
4. The year built is 1985. Is that older than most homes in Winnipeg?
No. Built in 1985, this home is newer than the Winnipeg city-wide average (1966) for comparable properties, placing it in the "Top 29%" city-wide for year built. It is a fairly standard age for its neighbourhood.
5. How can I get the exact historical sold price?
Exact sold prices are not displayed publicly on the site due to data source rules. You can request the full transaction history and exact figures via email, and the team will provide them through a manual lookup.