Property Overview: 37 Maitland Drive, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,346 sqft bungalow, built in 1983, presents a practical and competitively positioned home in the established River Park South neighborhood. Its primary appeal lies in its efficient use of space and its relative value within a desirable area.

The home's living area is notably above average for its specific street, offering more interior space than most direct neighbors. It is also one of the newer homes on Maitland Drive. However, the lot size is smaller than typical for both the neighborhood and the city, which may appeal to buyers seeking lower exterior maintenance. The assessed value sits below the neighborhood average, suggesting a potentially more accessible entry point into River Park South compared to many surrounding properties.

This property would suit first-time buyers or downsizers looking for a manageable, move-in-ready home in a mature community without a premium lot size. It’s also a sensible option for value-conscious buyers who prioritize interior space and a newer build year over a large yard.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales?
Based on available data, it last sold between $350,000-$400,000 in late 2020. Its current assessed value of $367k is around the city-wide average but below the average for River Park South, indicating it may be valued competitively within its specific area.

2. Is the lot size a significant drawback?
The 3,390 sqft lot is smaller than most in Winnipeg. This means less yard for gardening or play, but also translates to less time and cost spent on lawn care and landscaping—a potential benefit for those seeking low-maintenance living.

3. What does the "newer build year" ranking mean for me?
Built in 1983, this is one of the newest homes on its street. This can imply updated building standards for its time and potentially less immediate concern for major aging components compared to older peers, though a full inspection is always recommended.

4. Why is the assessed value below the neighborhood average?
This is likely influenced by the home’s smaller lot size and its specific location within River Park South. It reflects a valuation that balances the desirable neighborhood with the property’s physical attributes.

5. How can I get precise historical sale prices?
The public data shown provides estimated ranges. For fully verified and exact sale figures, you must request a manual lookup via email from the service, as they do not display MLS-sourced sold records on the website.