Property Overview: 47 Stanhope Garden, Winnipeg
Key Characteristics & Appeal
This 2014-built home in River Park South offers a modern living space within a well-established neighborhood. With 1,847 sqft of living area, the home is notably spacious compared to most Winnipeg houses, ranking within the top 15% citywide. Its assessed value of $557k positions it as a premium property within its immediate area, ranking above average for both the neighborhood and the city. The lot size, while slightly smaller than others on Stanhope Garden, is still generous compared to the wider area.
The primary appeal lies in its balance of contemporary construction and established community. Being one of the newest homes on the street and in the top 3% for year-built in River Park South, it offers modern building standards and likely lower maintenance, while situated in a mature neighborhood with full amenities. Its value proposition is clear: you are paying for above-average space and newer construction in a desirable suburban setting. This property would best suit buyers looking for a move-in ready, modern family home who prioritize interior space and newer infrastructure over having the largest lot on the block. It’s a solid choice for those seeking a balance between a newer build and the settled feel of an established community.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in June 2022 for an estimated $600k-$650k, which was in the top 22% of sale prices for Stanhope Garden at that time. This indicates a history of commanding a premium, consistent with its above-average size and newer construction.
2. Is the property assessed above or below its likely market value?
The assessed value ($557k) is very close to the street average ($558.9k) but is significantly above the neighborhood ($447.2k) and city ($390.1k) averages. This suggests the assessment aligns with its premium positioning in River Park South, but market conditions will ultimately determine sale price.
3. What are the trade-offs with the lot size?
The lot of 6,058 sqft is below the average for Stanhope Garden but above the average for River Park South. This means you get a very sizable yard compared to many homes in Winnipeg, but potentially less private outdoor space than some direct neighbors.
4. How does the age of this home affect its appeal?
Built in 2014, it is one of the newest homes in the area. This typically translates to modern layouts, energy efficiency, and updated building materials, potentially reducing immediate repair costs. It’s a key differentiator in a neighborhood where the average home was built in 1990.
5. Where can I get verified historical sale data for this property?
The site provides estimated sold price ranges from public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as MLS sold records are not displayed on the platform due to industry rules.