Property Overview: 35 Strand Circle, Winnipeg

Key Characteristics & Buyer Appeal

This 1979-built home in River Park South presents a practical, entry-level opportunity in a well-established neighbourhood. At 932 sqft, its living space is notably compact, ranking below average for its street, area, and city. The lot size of 3,409 sqft is also modest relative to nearby properties. Its primary financial appeal lies in its assessed value of $344k, which sits below the neighbourhood average and aligns closely with the Winnipeg city-wide average, suggesting a relatively accessible price point for the area. Recent sales data indicates solid value retention, with the home selling in the $350k-$400k range in late 2024.

The property’s appeal is for the pragmatic, budget-conscious buyer. It suits first-time homeowners seeking a foothold in a stable community like River Park South without a premium price tag, or investors looking for a manageable rental property. Its smaller scale means lower utility costs and less maintenance, which can be a hidden benefit. A thoughtful perspective is that while the home ranks below area averages in size, its value is comparatively strong city-wide, indicating you are paying more for the neighbourhood than for square footage. It’s a trade-off: choosing community and location over physical space.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The assessed value is below the River Park South average, which suggests a competitively priced entry point into this neighbourhood compared to larger, newer homes on the street.

2. What does the below-average living and land area mean for me?
It confirms this is a compact property. It likely means smaller rooms, less storage, and a more modest yard. This can translate to lower heating costs and less upkeep, but limits expansion potential.

3. How has the property’s value changed over time?
Public data shows it sold between $250k-$300k in early 2017 and between $350k-$400k in late 2024, indicating appreciation over that seven-year period.

4. Are the sold prices shown exact figures?
No. The prices provided are estimated ranges. For fully verified and exact historical sold prices, you must request a manual lookup from the site via email.

5. The home is older than many in River Park South. Should I be concerned?
Built in 1979, it’s around the average age for Winnipeg but older than many homes in this specific neighbourhood. A thorough inspection is crucial to understand the condition of major aging components like the roof, windows, and heating system.