| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1979 (47 years ago) | Top 1%1/72 Avg1979 Top 80%850/1069 Avg1994 Top 63%16875/26841 Avg1990 12-130 Regis Drive: For Year Built. On Regis Drive, Elite — Top 1%, rank 1 of 72, and comparable homes in that group average about 1979. in River Park South, below average — Top 80%, rank 850 of 1069, and comparable homes in that group average about 1994. citywide, around average — Top 63%, rank 16875 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 650 sqft | Top 51%37/72 Avg770 sqft Top 97%1034/1069 Avg1,054 sqft Top 91%24428/26841 Avg1,042 sqft 12-130 Regis Drive: For Living Area. On Regis Drive, around average — Top 51%, rank 37 of 72, and comparable homes in that group average about 770 sqft. in River Park South, below average — Top 97%, rank 1034 of 1069, and comparable homes in that group average about 1,054 sqft. citywide, below average — Top 91%, rank 24428 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 150k | Top 57%41/72 Avg16.10k Top 97%1038/1069 Avg27.10k Top 87%23236/26841 Avg25.60k 12-130 Regis Drive: For Assessed Value. On Regis Drive, around average — Top 57%, rank 41 of 72, and comparable homes in that group average about 16.10k. in River Park South, below average — Top 97%, rank 1038 of 1069, and comparable homes in that group average about 27.10k. citywide, below average — Top 87%, rank 23236 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 14.80k | Top 88%63/72 Avg Below average same street Top 88% | Top 99%1060/1069 Avg Below average neighbourhood Top 99% | Top 88%23628/26841 Avg Below average Winnipeg Top 88% |
Property Overview
This 650 sqft home at 12-130 Regis Drive in River Park South is a compact, no-frills property built in 1979. Its primary appeal lies in its location within a well-established neighbourhood and its position as an accessible entry point into the Winnipeg market. The home ranks exceptionally high for its area within both the immediate neighbourhood and the wider city, indicating it offers more living space than the vast majority of comparable local properties. With no basement, pool, or garage, it presents a straightforward, low-maintenance living scenario. The assessed value of $150k aligns it with other modest starter homes across the city.
This property would best suit first-time buyers, investors looking for a rental property, or downsizers seeking a simple, manageable home without the upkeep of a larger lot or additional structures. Its appeal is pragmatic: it’s about securing space in a desirable area without a premium price tag. A less obvious perspective is its potential as a "blank slate" for someone willing to update the interior, as the favourable living area ranking suggests a efficient or surprisingly spacious layout for its category.
Frequently Asked Questions
1. What does the high ranking for Living Area actually mean?
It means that at 650 sqft, this home offers more interior space than 99% of properties in its immediate neighbourhood and 97% of homes across Winnipeg. For a compact property, it uses its square footage efficiently compared to peers.
2. Are the lack of a basement, garage, or pool significant drawbacks?
This depends on your lifestyle. For some, it means drastically reduced maintenance, utility costs, and no need to heat or secure additional spaces. For others, it could be a limitation for storage or vehicle protection. The trade-off is a simpler, more cost-contained property.
3. How does the 2017 sale price compare to the current assessment?
The home sold for $148,000 in September 2017. The current assessed value of $150,000 suggests a very stable market value for this type of property over the last several years.
4. What can nearby "comparable" listings tell me?
The listed nearby properties, like those on Alburg Drive or Paddington Road, are for reference only—they have different specs (like larger sqft or different assessed values). They confirm that this home is priced for its specific, more compact profile within River Park South.
5. Who might this property not be suitable for?
It may not suit families requiring multiple bedrooms or separate living spaces, anyone needing significant storage or workshop areas, or buyers who prioritize modern builds. The 1979 construction date means potential for older components needing attention.
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