Property Overview: 183 Ashford Drive, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1983 bungalow at 183 Ashford Drive presents a specific value proposition within Winnipeg's River Park South neighborhood. Its key characteristic is its compact size, with a living area of 844 sqft and a lot of 3,596 sqft, both notably below the averages for its immediate street and area. This translates to a lower assessed value ($344k) compared to most neighbors, positioning it as one of the more accessible entry points into this established community.

The appeal lies in this affordability and efficiency. It suits first-time buyers or downsizers seeking a manageable, low-maintenance property without sacrificing location in a mature suburb. A thoughtful perspective is that while the home is smaller, its 1983 build year is actually the newest on its street, suggesting potentially newer core components than surrounding homes. The value is relative: you are purchasing a location and a neighborhood more than square footage. It’s a practical choice for those who prioritize financial accessibility and community over spaciousness, ideal for someone comfortable with a cozy layout or viewing the property as a long-term land value hold in a desirable area.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $344k is a municipal figure for tax purposes. Notably, it is "around average" city-wide but below average for its street and neighborhood. Recent sold prices on the street suggest a range of $300k-$350k, indicating the assessment is a reasonable benchmark, but market conditions will determine the final price.

2. How does the smaller living area and lot size impact daily living?
The home's living area is in the bottom tier for the street. This means efficient use of space is essential. The smaller lot requires less yard maintenance but also offers less private outdoor space. It's well-suited for a minimalist lifestyle or a buyer who values community parks over a large backyard.

3. The home is noted as the newest on the street (1983). What are the implications?
While still 40+ years old, being newer than direct neighbors can be an advantage. It may indicate that major systems (like plumbing, electrical, or the roof) have undergone upgrades more recently than in comparable homes from the early 1980s or 1970s, though a thorough inspection is necessary to confirm.

4. What are the pros and cons of the property's ranking in various categories?
The data shows a consistent profile: below average in size and value for its immediate area, but closer to city-wide averages. The pro is a lower cost to enter a stable, top-tier neighborhood (River Park South ranks highly overall). The con is that the property itself does not compare in scale to its neighbors, which could affect resale appeal to those seeking larger homes.

5. How can I verify the exact historical sale prices for this home?
The provided sold price data is an estimate from public records. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS system.