107-1936 St Mary'S Road

Property Overview: 107-1936 St Mary's Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is a modern, low-maintenance unit in Winnipeg's River Park South neighbourhood, built in 2018. Its primary appeal lies in its contemporary construction, offering a move-in-ready home without the immediate concerns of aging infrastructure common in the area. With 1,119 sqft of living space, it provides a practical layout for individuals, couples, or small families.

The standout feature is its exceptional location ranking. The data indicates this address is in the top 1% of its street and top 0% of both the neighbourhood and entire city for desirability, suggesting a highly sought-after spot within the community. This, combined with its newer build, creates a compelling value proposition. The home suits first-time buyers seeking a modern start, downsizers looking for a newer, manageable property, or investors attracted by the strong locational metrics and relative newness in a mature suburb. A thoughtful perspective is that while the living area is average for the area, you are acquiring a "young" home in an established, top-ranked location—a combination that can be rare in suburban markets.

Section 2: Frequently Asked Questions

1. What does the exceptional location ranking (top 1%) actually mean?
This ranking is derived from market data and suggests this specific address is among the most desirable on its street and in River Park South. It typically reflects factors like curb appeal, lot placement, and overall demand for homes on this particular part of St. Mary's Road.

2. Is this a condo or a freehold property?
The listing format (e.g., "107-1936") and the absence of noted land area suggest this is likely a condominium or strata title property. Prospective buyers should confirm the exact ownership structure, associated fees, and what they cover.

3. The assessed value is listed at $32.40k. Is that the market price?
No. Municipal assessed values in Manitoba are for tax purposes and are typically significantly lower than market value. The listing price is not provided in this data set. Always refer to the current listing price for the true asking amount.

4. How does it compare to nearby homes?
The provided comparisons show nearby properties are generally older (built in the late 1970s to early 1980s) but can have similar or larger square footage. This unit's key advantage is its 2018 build date, potentially offering modern efficiency and fewer near-term maintenance needs compared to its neighbours.

5. What are the trade-offs for a newer build in this area?
While offering modern amenities, newer homes in established neighbourhoods often have smaller lot footprints or different architectural styles. The living space is moderately sized, so buyers needing extensive room may find larger, older homes nearby. The value is in the balance of modern construction within a prime, mature location.