Property Overview
39 Grimsby Place is a well-established home in Winnipeg's River Park South neighborhood. Built in 1981, it offers 1,591 square feet of living space on a 6,018 sqft lot, with an assessed value of $438,000. It last sold in June 2024 for an estimated $500,000–$550,000.
Key Characteristics & Appeal
This home presents a solid, middle-ground option in the market. Its living space is comfortably above the Winnipeg average, offering more room than many city homes, while its lot size is notably larger than most in the immediate neighborhood, providing valuable outdoor space. The 1981 build date is older than many homes in River Park South, which could suggest a more mature streetscape and established landscaping, but it is also the newest build on its specific block—a point of relative distinction.
The appeal lies in its balance. It’s not an outlier in any single category but offers a combination of space, location, and lot size that consistently performs above city-wide averages. It suits practical buyers looking for a move-in ready family home in a settled suburban area, who value a larger yard and are less concerned with having the newest construction in the neighborhood. It’s a property for those prioritizing space and neighborhood over modern fixtures, appealing to someone who sees a home from the early 80s as a canvas for gradual updates.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It sold in June 2024 for an estimated $500,000–$550,000, which placed it in the top 16% of sale prices for the wider area and city at that time, indicating it commanded a premium over the assessed value.
2. Is the lot size a major advantage?
Yes, particularly within River Park South. The lot is over 600 sqft larger than the neighborhood average, which is a significant gain for outdoor living, gardening, or potential expansions like a deck or shed.
3. The home is older than many in the neighborhood. Should I be concerned?
Not necessarily. While newer than average for its street, its 1981 build date means major systems (roof, furnace, windows) may be due for inspection or updates. This is typical for homes of this era and is often reflected in the price.
4. What does the assessed value tell us about the property taxes?
The $438,000 assessment is above the Winnipeg average but around the middle for its street and neighborhood. Property taxes will be calculated based on this value and the city’s mill rate, so they should be in line with similar homes in River Park South.
5. Where can I get the exact sale price and history?
The provided data is from public sources, not the MLS. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as per their disclaimer.