Property Overview: 67 Strand Circle, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,090 sqft bungalow, built in 1980, presents a solid, no-surprises offering in a well-established Winnipeg neighborhood. Its primary appeal lies in its consistency and position within its immediate community. On Strand Circle itself, the home stands out positively—it has an above-average living area and is one of the newest homes on the street. This suggests a well-kept property that aligns with or slightly exceeds the local norm.
The assessed value of $391k is very close to both street and city-wide averages, indicating a market-appropriate valuation. The lot size is modest, especially compared to broader neighborhood and city averages, which points to lower maintenance demands. This home would suit first-time buyers, downsizers, or practical investors seeking a move-in-ready property without extreme peaks or valleys in its profile. It’s for someone who values neighborhood stability over a sprawling yard, and who appreciates a home that is competitively sized within its own cul-de-sac or street.
A less obvious perspective is that its "averageness" at the city and neighborhood level can be a strength, representing a lower-risk, predictable investment in a stable area. The data suggests you’re buying a home that is fundamentally aligned with its surroundings, not an outlier.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,090 sqft, it is slightly above the average for Strand Circle itself, but close to the average for Winnipeg as a whole. In the broader River Park South area, it is somewhat smaller than the neighborhood average.
2. Is the assessed value in line with similar properties?
Yes. The assessed value of $391,000 is very close to the averages for both the street ($380k) and the entire city ($390.1k), suggesting a fair and typical valuation for a home of this type.
3. What does the lot size mean for maintenance and potential?
The lot is 3,830 sqft, which is modest compared to many lots in Winnipeg. This typically translates to less yard work and lower exterior maintenance costs, but may offer less space for large additions or extensive landscaping.
4. When was it last sold, and for how much?
Public records indicate a sale between May 2021, with a sold price in the range of $350,000 to $400,000. For verified, exact historical sale figures, a manual lookup can be requested.
5. The home is listed as newer than most on its street. What does that imply?
Built in 1980, it is among the newest homes on Strand Circle. This can be an advantage, potentially indicating newer core components (like plumbing or electrical) compared to immediate neighbors, which may reduce the likelihood of major age-related repairs in the near term.