Property Overview: 71 Cotter Circle, River Park South, Winnipeg
Key Characteristics & Appeal
This well-situated home at 71 Cotter Circle presents a compelling opportunity in Winnipeg's River Park South neighborhood. Built in 2005, it offers a substantial 2,089 square feet of living space, which consistently ranks within the top 10% of homes both in the immediate area and across the entire city. This above-average size is paired with an assessed value of $586,000, which also sits notably above neighborhood and citywide benchmarks, suggesting a property that has maintained strong market positioning.
The appeal lies in its established, above-average stature within a mature and desirable community. It’s a home that offers more space than most, on a standard residential lot, in a neighborhood where homes are typically older. For buyers, this translates to the potential for immediate livability without feeling "cramped," coupled with the stability of a sought-after location. It would particularly suit growing families or professionals seeking space and community amenities without venturing into newer, more peripheral subdivisions. A thoughtful perspective is that while the home is not new, its 2005 build date is still newer than most in Winnipeg and even in its own neighborhood, offering a balance of modern construction standards and established community roots.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The property sold in April 2021 for a price between $600,000 and $650,000. Its current assessed value of $586,000 is below that sale range, which may reflect market adjustments or the assessed value lagging behind recent sale prices.
2. Is the lot size typical for the area?
At 6,058 sqft, the lot is above average for the River Park South neighborhood but is slightly smaller than the average lot on Cotter Circle itself. It provides a balanced yard space that is generous for the community.
3. What does the "Top X%" ranking mean for living area?
Rankings like "Top 9% city-wide" mean this home's living area is larger than approximately 91% of comparable homes in Winnipeg. This is a significant indicator of its above-average interior space.
4. How can I verify the exact historical sold price?
The site provides sold price ranges for general reference. To obtain the exact, verified sale figure, you must request a manual lookup via email, as MLS data is not displayed directly on the platform.
5. What are the comparable homes nearby?
Nearby properties on Cotter Circle and in River Park South, such as 59 Cotter Circle and 47 Battersea Close, offer useful comparisons in terms of year built, size, and assessed value, helping to contextualize this home’s market position.