Property Summary: 23 Pear Tree Bay, River Park South, Winnipeg

Key Characteristics & Appeal

This 1983 home at 23 Pear Tree Bay is a solid, established property in Winnipeg's River Park South neighborhood. Its primary appeal lies in its strong positioning within its immediate street context. With 1,221 sqft of living space, it is notably above average for Pear Tree Bay, ranking in the top 18% on the street. Similarly, its $410k assessed value is above the street's average, suggesting it is a well-regarded home on a desirable block. The lot size of 4,372 sqft is typical for the street but is more modest compared to the broader neighborhood average.

This home would suit a buyer looking for a move-in ready property in a mature, stable area without the premium often attached to newer subdivisions. It represents a practical choice for first-time homeowners or downsizers who value neighborhood character over a massive lot. A thoughtful perspective is that while the home is average at the city and neighborhood level for size and value, its standout rankings on its own street indicate a specific, high-quality micro-location—a sign of a good, established pocket within the larger community.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
Public data does not show a detailed transaction history for this address. To obtain verified sale history and exact figures, you can request a manual lookup via email from the site.

2. Is the living space suitable for a growing family?
At 1,221 sqft, the living area is above average for the street and around the city average. It is a practical size for a small to medium-sized family, comparable to many homes built in this era.

3. What does the assessed value tell us about the property tax?
The assessed value of $410k is a key municipal determinant for property taxes. It is above the street average and slightly above the citywide average for comparable homes, so prospective buyers should budget for taxes accordingly.

4. The lot seems smaller than the neighborhood average. Is that a concern?
The lot is consistent with others on Pear Tree Bay but is below the River Park South neighborhood average. This typically means lower maintenance, which can be an advantage for many, but may be less ideal for those seeking extensive outdoor space.

5. Are homes from 1983 likely to have major issues?
Built in 1983, this home is newer than the Winnipeg city average. Homes from this period may have had key components like roofs, windows, or major systems updated. A thorough inspection is always recommended to understand the condition of these elements.