Property Summary: 50 Ashford Drive, River Park South, Winnipeg
Key Characteristics & Buyer Appeal
This home at 50 Ashford Drive presents a compelling mix of space, established value, and a generous lot in the popular River Park South neighborhood. Its primary appeal lies in its above-average scale and premium positioning on its street. With 1,724 sqft of living area, the home is notably larger than most comparable houses on Ashford Drive and in the wider neighborhood. This is complemented by a lot size of 6,582 sqft, which ranks in the top 10% on the street, offering ample outdoor space.
The property’s assessed value of $462k is elite for the street (top 4%), indicating it is viewed as a higher-value asset in its immediate context. A less obvious point of consideration is the home’s age; built in 1979, it is older than most in River Park South. This suggests a well-established property that may appeal to buyers interested in character or who see potential in updates, while also factoring in possible maintenance timelines for roofs or major systems.
This home would best suit buyers prioritizing interior and exterior space over a newer build. It’s ideal for growing families seeking a sizable yard in a mature neighborhood, or for value-driven purchasers who recognize the advantage of owning one of the larger, higher-assessed properties on a desirable street, providing a solid foundation for long-term equity.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold in February 2022 for between $450,000 and $500,000. This sale price was in the top 4% for its street at the time, consistent with its high assessed value ranking.
2. The home is older than many in the area. What should I consider?
Built in 1979, it’s older than about 85% of comparable homes on Ashford Drive. This isn’t unusual city-wide, but it’s wise to pay close attention to the condition of major components common for that era, such as the roof, windows, and foundation, during an inspection.
3. What do the rankings for living area and lot size actually mean?
They are percentile rankings. For example, being in the top 9% for land area on the street means 91% of comparable homes on Ashford Drive have smaller lots. This quantifies the home’s standout features of spaciousness and outdoor potential.
4. Is the assessed value a reliable indicator of market price?
The assessed value is for municipal tax purposes and is one data point. Its "elite" ranking on the street suggests the municipality views it as a premium property relative to its neighbors, but current market value is determined by recent comparable sales, condition, and market trends.
5. How can I verify the exact historical sale price?
The provided sale data is from public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as industry rules prevent the display of MLS sold records here.