Property Overview: 31 Shier Drive, River West Park, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, location, and value within Winnipeg’s River West Park neighborhood. Its primary appeal lies in its generous proportions, both in the 2,389 sqft living area and the expansive 16,886 sqft lot. While the house itself is slightly older than many on its street (built in 1974), its size and land are standout features, ranking in the elite tier city-wide. The assessed value of $745k reflects its premium positioning within the neighborhood and city.
The property suits buyers seeking established character with ample room for gardens, recreation, or expansion. It’s ideal for those who value indoor and outdoor space over a brand-new build. A thoughtful perspective is that while the home is average for its immediate street, it represents a significant step up in scale and prestige within the broader community, offering a "best of both worlds" scenario: a solid, established street without the premium of a newer home, yet with land and interior space that outperform most of the city.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in August 2021 for an estimated $800k-$850k, a price that placed it in the top 18% on Shier Drive and the top 1% in River West Park at that time.
2. Is the older build year a concern?
The 1974 build is below the average for the street and neighborhood. This suggests potential for dated systems or aesthetics, but also indicates the lot and structure were established in a desirable area earlier than many neighboring properties, which can be a mark of original character.
3. What does the "elite" city-wide ranking for land area mean practically?
A lot size in the top 2% city-wide means exceptional outdoor space for Winnipeg. This is a major asset for privacy, gardening, adding amenities like a shed or pool, or simply having a large, private yard—a rare find within city limits.
4. Are the assessed value rankings a good indicator of property taxes?
The $745k assessment is in the top 5% for the neighborhood and top 3% city-wide, which is a strong indicator of a correspondingly higher property tax bill compared to average Winnipeg homes. It’s advisable to budget for taxes commensurate with this elite valuation.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for general reference. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.