Property Overview
35 Pevensey Place is a well-situated family home in Winnipeg's River Park South neighborhood. Built in 1989, it offers 1,627 sqft of living space on a generous 7,768 sqft lot. The home presents a solid value proposition, with an assessed value of $535,000 that sits above average for both the neighborhood and the wider city.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of space, location, and value. While the living area is modest compared to others on its specific street, it is comfortably above average for both the River Park South area and Winnipeg overall. The lot size is a significant asset, ranking in the top 9% of the neighborhood, offering ample outdoor space that is increasingly rare in newer subdivisions.
The property suits practical buyers looking for established community benefits. It’s ideal for a growing family seeking a sizable yard in a mature neighborhood, or for value-conscious purchasers who prioritize land size over maximizing interior square footage. The above-average assessed value across multiple tiers suggests a property that has been well-maintained and is positioned in a desirable pocket of the community. A less obvious perspective is that, while not the largest on its block, this home may offer a more manageable scale for maintenance without sacrificing the prestige and stability of a street with larger, higher-value homes.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,627 sqft, the living area is smaller than the average on Pevensey Place itself but is larger than the typical home in both the River Park South neighborhood and the city of Winnipeg.
2. What does the assessed value tell us?
The $535,000 assessment is above the average for the street, neighborhood, and city. This generally indicates the municipal assessment views the property favorably relative to its peers, often reflecting factors like lot size, condition, and location.
3. How recent are the sale price figures available?
The last recorded sale was in May 2022. The provided price range is based on public data, and exact verified sale figures require a manual request through the site due to industry data restrictions.
4. Is the lot size a notable feature?
Yes. The 7,768 sqft lot is a standout, placing it in the top 10% of lots in River Park South. This offers significantly more outdoor space than many area properties.
5. What are the implications of the 1989 build year?
Built in 1989, the home is of a vintage where major components like the roof or HVAC system may be due for inspection or updates. However, it also comes from an era of generally spacious lot sizes and established neighborhood character.