Property Overview: 43 Strand Circle, River Park South, Winnipeg

This home presents a compelling opportunity in Winnipeg's River Park South neighborhood. Built in 1979, its primary appeal lies in a standout, generous lot paired with solid, above-average fundamentals for its immediate street.

Key Characteristics & Ideal Buyer

The most distinctive feature of this property is its land. With a lot size of 7,660 sqft, it ranks in the top 2% on its street and the top 9% in the neighborhood, offering exceptional outdoor space for a home of this vintage. The 1,268 sqft living area is comfortably above the street average, and its assessed value of $409k is also strong for the local context. It recently sold within the $400k-$450k range, a price point that placed it in the top tier of sales on the street.

The appeal here is for a buyer who values space and potential over a brand-new build. It suits someone looking for a established home in a mature neighborhood where the lot itself is a premium asset. It’s ideal for gardeners, families wanting room for play, or anyone considering future additions. The data suggests you're buying into a well-regarded, stable street where this property holds its own in terms of size and value, with the lot size being its unique advantage.

Frequently Asked Questions

1. How does this home’s value compare to others in the area?
Its assessed value is above the average for Strand Circle itself. While it's around the middle for the broader River Park South neighborhood, it's important to note the neighborhood average includes many newer homes. On its own street of comparable older homes, it ranks in the top 20%.

2. Is the house older than others nearby?
Yes, at 1979, it is slightly older than the average home in the wider River Park South area. However, it is very typical for its specific street and circle, where most homes were built around the same time.

3. What does the "Elite" lot ranking mean practically?
It means the lot is significantly larger than most on the street—over 3,000 sqft bigger than the street average. This translates to more private yard space, greater distance from neighbors, and more flexibility for landscaping, parking, or potential outdoor structures.

4. Where can I find the exact sold price?
The exact sold price is not publicly displayed due to industry data rules. The site provides a sold range and offers to manually look up and email the exact figure upon request.

5. Are the living area and assessed value competitive?
Yes. The living area is in the top 15% on its street, meaning it's a larger home for the circle. The assessed value is also above the street average, indicating it is viewed as a higher-value property within this specific group of comparable homes.