Property Overview
This 1,400 sqft home at 42 Eastcote Drive in Winnipeg's River Park South neighborhood presents a practical opportunity. Built in 1986, it sits on a 5,047 sqft lot and has an assessed value of $409,000. The data suggests it's a home that offers solid city-wide averages in a street of generally larger, higher-value properties.
Key Characteristics & Appeal
The primary appeal of this property lies in its position as a relatively affordable entry point into an established neighborhood. While its living space and assessed value are below the average for its own street, they align closely with the broader River Park South and Winnipeg averages. This creates a specific dynamic: you're buying into a desirable street, but acquiring one of its more modestly sized and valued homes. It suits first-time buyers or downsizers seeking a stable, mature community without the premium price tag of the largest homes on the block. The lot size is also manageable, offering outdoor space without excessive maintenance. A thoughtful perspective is that its "below street average" metrics could represent a value opportunity for a buyer less concerned with having the biggest home, but who still benefits from the same location and community amenities as their neighbors.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
The data indicates the home's assessed value is around the neighborhood average but below the average for Eastcote Drive itself. This suggests you may get more house for your money compared to the city overall, while potentially paying less than neighbors with larger homes on the same street.
2. How does the 2019 sale price relate to today's assessed value?
The home sold for between $350,000 and $400,000 in August 2019. The current assessed value of $409,000 shows appreciation since that sale, consistent with broader market trends over that period.
3. Is the home older or newer than most in the area?
Built in 1986, it is slightly older than the average home on its street (1991) but is notably newer than the average comparable home across Winnipeg (1966). It represents the typical age for the River Park South area.
4. How does the lot size compare?
At 5,047 sqft, the lot is smaller than the average lot on Eastcote Drive but is very close to the neighborhood average. It's a standard, manageable residential lot for the area.
5. Where can I find verified, exact historical sale prices?
The site notes that due to industry rules, exact MLS sold records are not displayed. They offer a manual lookup service where you can request the full transaction history and exact figures via email, which they will provide without using your email for marketing.