Property Overview
This home at 54 Hindle Gate presents a solid, above-average offering within the popular River Park South neighborhood. Built in 2006, its 1,715 sqft living space is notably larger than both the neighborhood and city averages, providing comfortable room for a growing family or those who value spacious interiors. While the lot size is slightly more compact than others on its street, the property holds a strong assessed value that places it in the top quarter of the area, indicating a well-regarded and stable investment.
The appeal lies in its balance. You get a modern home (newer than most in Winnipeg) with generous living area in an established, family-friendly community, without the premium price tag of the largest properties on the block. It suits practical buyers looking for a move-in ready home in a mature suburb—those who prioritize interior space over an expansive yard and appreciate a property that outperforms broader market averages.
A thoughtful perspective: this home sits in an interesting position. On its own street, it's a more modest, value-oriented option among larger, higher-valued homes. This could mean a slightly more accessible entry point into a desirable enclave. However, when viewed within the wider neighborhood and city, it stands as a clearly above-average property, suggesting you're buying into a quality tier that holds its own beyond the immediate block.
Frequently Asked Questions
How does this home’s size compare to others nearby?
While the living area is above average for both River Park South and Winnipeg overall, it is slightly smaller than the typical home on Hindle Gate itself. This means the interior is spacious by most standards, but there are larger homes directly on the same street.
Is the assessed value in line with recent sale prices?
The current assessed value is $517k. The home last sold in March 2023 for a price reported between $500k and $550k, placing its assessed value reasonably close to that recent sale range.
What does the year built tell us about the property?
Built in 2006, this home is newer than approximately 86% of comparable properties city-wide. This typically suggests modern building standards, younger major systems (like roof and HVAC), and less immediate need for major renovations compared to older stock.
Is the lot size a disadvantage?
The lot is smaller than most on Hindle Gate but is close to the average for the River Park South neighborhood. It offers a manageable yard space, which could mean less maintenance, but may be a consideration if outdoor space or privacy from neighbors is a top priority.
How can I verify the exact historical sale prices?
The site provides sold price ranges for reference. Due to industry rules, exact MLS sale figures are not displayed publicly. You can request the exact sale history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.