Property Overview: 51 Poitras Place, River Park South, Winnipeg

Key Characteristics & Appeal

This 1,203 sqft bungalow, built in 1987, presents a solid, middle-of-the-road family home in a mature Winnipeg neighborhood. Its primary appeal lies in its generous 8,491 sqft lot, which is significantly larger than most in River Park South and across the city, offering ample outdoor space for gardening, play, or future expansion. While the living area and assessed value are consistently "around average" for the street, area, and city, the home stands out for having the newest construction on its block and a lot size that ranks in the top 10% city-wide.

The property would suit practical buyers looking for a established community without premium pricing, and who value private outdoor space over a larger interior footprint. It’s a sensible choice for first-time homeowners or downsizers seeking a manageable single-level layout and the potential that a larger lot provides. A less obvious perspective is that its consistent "average" metrics in a stable area could indicate a lower risk of overpaying relative to the immediate market, offering a grounded entry point into homeownership.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $350k-$400k in 2016. Current assessed value is $437k, which is slightly above the street average of $426.5k. Exact recent sale prices for neighbors require a manual lookup, but the data suggests its assessment is in line with the local market.

2. Is the house newer than others nearby?
Yes. Built in 1987, it is the newest home on Poitras Place, where the average build year is 1984. This can sometimes mean updated core components, but a specific inspection is needed to confirm the condition of the roof, windows, and major systems.

3. What is the real advantage of the larger lot?
The lot is over 2,000 sqft larger than the neighborhood average. This provides more privacy, space for sheds or play structures, and better potential for additions like a garage, deck, or garden. It’s a standout feature in a neighborhood of mostly standard-sized lots.

4. The living area seems modest. Is the house smaller than others?
At 1,203 sqft, it is slightly below the street average (1,306 sqft) and neighborhood average (1,410 sqft). It ranks around the middle of the pack locally. This suggests a efficient, likely bungalow-style layout suitable for smaller households or those comfortable with cozier interiors.

5. Where can I get verified sale price history for this property?
The provided sold price data is from public sources, not the MLS. For a full, verified transaction history and exact sale figures, you must request a manual lookup via email from the site. This is due to industry rules governing direct MLS data display.