| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1987 (39 years ago) | Top 64%319/495 Avg1999 Top 44%473/1069 Avg1994 Top 51%13754/26841 Avg1990 26-1903 St Mary'S Road: For Year Built. On St Mary'S Road, around average — Top 64%, rank 319 of 495, and comparable homes in that group average about 1999. in River Park South, around average — Top 44%, rank 473 of 1069, and comparable homes in that group average about 1994. citywide, around average — Top 51%, rank 13754 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,352 sqft | Top 31%152/495 Avg1,191 sqft Top 16%173/1069 Avg1,054 sqft Top 16%4299/26841 Avg1,042 sqft 26-1903 St Mary'S Road: For Living Area. On St Mary'S Road, around average — Top 31%, rank 152 of 495, and comparable homes in that group average about 1,191 sqft. in River Park South, above average — Top 16%, rank 173 of 1069, and comparable homes in that group average about 1,054 sqft. citywide, above average — Top 16%, rank 4299 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 28.20k | Top 63%312/495 Avg32.20k Top 41%435/1069 Avg27.10k Top 34%9083/26841 Avg25.60k 26-1903 St Mary'S Road: For Assessed Value. On St Mary'S Road, around average — Top 63%, rank 312 of 495, and comparable homes in that group average about 32.20k. in River Park South, around average — Top 41%, rank 435 of 1069, and comparable homes in that group average about 27.10k. citywide, around average — Top 34%, rank 9083 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 360k | Top 35%175/495 Avg Around average same street Top 35% | Top 24%258/1069 Avg Above average neighbourhood Top 24% | Top 16%4360/26841 Avg Above average Winnipeg Top 16% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 22.50k | Top 78%386/495 Avg Below average same street Top 78% | Top 47%502/1069 Avg Around average neighbourhood Top 47% | Top 52%13961/26841 Avg Around average Winnipeg Top 52% |
Property Summary: 26-1903 St Mary's Road, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, mid-sized condo unit in the established River Park South neighbourhood. Built in 1987, it offers 1,352 sqft of living space. The standout feature is its exceptional location within its immediate area—it ranks in the top 1% of properties on its street and the top 0% within its wider neighbourhood and all of Winnipeg for its specific area ranking, suggesting a particularly desirable building or site.
Its appeal lies in a combination of solid space, a prime local position, and recent market validation, having sold for $360,000 in May 2024. This represents a significant increase from its 2020 sale price, indicating strong market interest. The property suits practical buyers looking for a turnkey home in a mature community without the upkeep of a house. It would particularly appeal to downsizers seeking ample space, or to professionals and small families who value location and community stability over a yard or garage. A thoughtful perspective is that while the assessed value is relatively modest, the recent sale price confirms buyers are placing a premium on the unit's specific livability and location, seeing value beyond the municipal assessment.
Section 2: Frequently Asked Questions
1. What does the "area ranking" actually mean?
It means this specific property's lot or building site is among the very best on its street and in its neighbourhood when compared to others, likely due to factors like positioning, views, or building placement that aren't captured by square footage alone.
2. Why is there such a large gap between the assessed value ($28.2k) and the recent sale price ($360k)?
Municipal assessed value in Manitoba is primarily for tax purposes and is often significantly lower than market value. The sale price is the true indicator of what the current market is willing to pay for the property.
3. Are there any extra monthly fees?
As a condo unit, there will be a monthly condominium fee covering shared expenses like building insurance, maintenance, common area utilities, and reserve fund contributions. The listing does not specify the amount, so this must be verified.
4. What does "Basement: No" indicate?
It typically means this is a single-level unit, likely on an upper floor of the building, with no lower-level basement space included.
5. How does this property compare to nearby homes?
Compared to nearby reference properties in River Park South, this unit offers more living space than most, while its recent sale price aligns with the upper range for the area, reflecting its perceived premium.
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Address · Assessed Value