Property Overview: 39 Lechman Place, River Park South, Winnipeg
Key Characteristics & Appeal
This 1980-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 776 square feet of living space and a 3,228 sqft lot, its scale is notably compact compared to many area homes, which typically offer more space. This is reflected in its assessed value of $337k, which sits below the neighborhood average but aligns more closely with the wider city benchmark.
The primary appeal lies in its efficiency and value positioning. It suits first-time buyers or downsizers seeking a lower-maintenance property without leaving a mature, family-oriented community. The home last sold between $250k-$300k in 2017, suggesting a history of being a more accessible option. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, offering a simpler lifestyle. It may also attract investors looking for a rental property in a stable area, given the consistent demand for affordable housing. Buyers should be prepared for a home that offers functionality over spaciousness, ideal for those who prioritize financial efficiency and community over square footage.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. At 776 sqft, the living area is well below the River Park South neighborhood average (~1,410 sqft). However, it is closer to the average size for its specific street.
2. How does the assessed value compare?
The $337k assessment is below the neighborhood average but around the average for Winnipeg as a whole. This indicates the home is priced accessibly within its immediate area but is not an outlier city-wide.
3. When was it last sold and for roughly how much?
It sold in October 2017. Public data indicates a sold price in the range of CA$250,000 to $300,000.
4. How can I get the exact historical sale price?
The site provides sold price ranges publicly. For fully verified and exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What are the nearby properties like?
Immediate neighbors on Lechman Place are similar in vintage (late 1970s-early 1980s). Nearby reference properties show a mix of sizes and values, with many homes being larger and having higher assessments, confirming this property's role as a more compact option on the street.