Property Overview: 205 John Forsyth Road, River Park South, Winnipeg

Key Characteristics & Appeal

This 1,268 sqft home, built in 1985 on a 4,160 sqft lot, presents as a solid, middle-of-the-road property in its established neighborhood. Its primary appeal lies in its consistency and relative value. The living space is notably above average for its specific street, offering more room than many direct neighbors. With an assessed value of $394k, it sits very close to the street average and slightly below the wider neighborhood average, suggesting a potentially competitive entry point into the area.

The home suits practical buyers looking for a stable, no-surprises property in a mature community. It’s ideal for someone who values space efficiency over a large lot, as the yard is smaller than many in River Park South and across Winnipeg. Its 1985 build date is newer than the citywide average, which may imply fewer immediate age-related concerns compared to many Winnipeg homes. This isn’t a standout luxury property or a fixer-upper; it’s a straightforward home that offers fair market metrics across the board, appealing to buyers seeking a balanced compromise between space, price, and neighborhood.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold in September 2020 for between $300k-$350k. That sale price ranked in the top 47% for the street at the time, indicating it was a competitively priced transaction. A previous sale in January 2017 was in the $250k-$300k range.

2. Is the lot size a disadvantage?
The lot is slightly above the average for John Forsyth Road itself but is below the average for the broader River Park South neighborhood and the city. This means outdoor space is more limited compared to many area homes, but is typical for this particular street. It may appeal to those wanting lower maintenance.

3. What does the "above average" living area ranking mean for this street?
Ranking #32 out of 132 homes (Top 24%) for living area on John Forsyth Road means this home offers more interior space than most of its immediate neighbors, where the average is 1,174 sqft. This is one of its clearest strengths at the hyper-local level.

4. How current and accurate is the sold price data shown?
The sold price data is based on publicly available internet records, not the MLS. The site states the figures are "reasonably reliable" but not guaranteed. For fully verified, exact historical prices, you must request a manual lookup via email from the service.

5. The assessed value seems close to the city average. What does that indicate?
With a citywide ranking in the top 40% (above the median), the assessment suggests the property holds a value slightly above the midpoint for Winnipeg. However, it’s below the River Park South neighborhood average, which could signal a relative value opportunity within this specific community.