Property Overview: 178 Sandrington Drive, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, single-family home built in 1984, offering a practical entry point into Winnipeg's established River Park South neighborhood. With a living area of 693 sqft, it is notably smaller than most homes in the area and citywide, positioning it as a more affordable option. Its assessed value of $352k is around the average for its immediate street and slightly below the neighborhood average, suggesting a relatively lower property tax burden compared to larger homes nearby.

The primary appeal lies in its value proposition and location. It suits buyers seeking minimal upkeep, lower utility costs, and a manageable space, such as first-time homeowners, downsizers, or investors. The lot size is consistent with others on the street, offering a standard outdoor space without extensive maintenance. A thoughtful perspective is that its smaller size and average assessment can represent efficiency—you’re paying less for space you may not need, while still gaining the stability and amenities of a mature suburb. It’s a home that prioritizes function and financial accessibility over square footage.

Section 2: Frequently Asked Questions

1. How does the smaller living area impact value?
While the home is significantly smaller than area averages, its assessed value aligns closely with the street average. This indicates the value is supported more by its location and lot than its interior size, which can be an advantage for buyers not needing extensive space.

2. What are the property tax implications?
With an assessed value below the River Park South neighborhood average, the property tax bill is likely to be proportionally lower than for larger homes in the same area, all else being equal.

3. Is the home older than others nearby?
Built in 1984, it is typical for its street and slightly newer than the Winnipeg city average. It fits squarely within the expected age range for this part of River Park South, so major components may be of a similar vintage to neighboring houses.

4. How does the sold price compare?
Public data indicates it last sold between $350k-$400k in mid-2023. This placed it around the middle of the pack for its street and neighborhood at that time, reflecting its market position as a competitively priced, smaller home.

5. Where can I get verified sale history?
Due to industry rules, exact sale figures are not published online here. You can request the full transaction history and exact sold price via email from the site provider, who will manually look up the records.